ShepWave Regular Scheduled Update for Monday.
by ShepWave.com
Posted: 2/13/2011 04:03 EST
ShepWave.com is currently focusing on the longer term view of market technicals to show reason to be cautious.
U.S. Equity markets continue to rally. With the easing of the unrest in the Middle East investors will be looking to corporate earnings reports to provide continued stimulation to the markets. According to many Technical Analysts including ShepWave the rally from the lows of 2009 is a wave 2 rally and is not strengthening a secular bull market. However the discerning trader/investor is one who will use objective disciplined tools to dictate his trading or investing techniques.
ShepWave Market Updates provide the necessary technical analysis profitable traders need to maintain their success. Monday's Regular ShepWave has been published. Within this update the unprecedented technicals which were evident in the action of 2009 are highlighted. These technicals strengthen the view that this recent rally is the final thrust of a wave 2 rally.
Log In at www.shepwave.com for Monday's Regular Scheduled ShepWave Update.
| Reference: Shepwave.com is a technical analysis site for the Major U.S. stock indexes. We use Elliott Wave theory along with our proprietary indicators to give analysis for the Dow Industrials, Nadaq 100 and S&P 500 indexes. We specialize in trading the QQQ and DIA. |
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