ShepWave Special Update for Tuesday.
by ShepWave.com
Posted: 6/20/2011 16:25 EST
I cannot emphasize enough the importance of the technicals for the U.S. Equity Indexes over the next few days. Buying on today's Gap Down open was a good call, hopefully all of you were able to profit from that trade.
The current technical issue at hand is the importance of seeing those Trade continuation triggers hit as published at 12:40 in today's Intra Day Update.
In this special Update highlighted is the Monthly chart of the Dow Industrials, indicating some critical long term techncals all investors need to be aware of and, also a chart and analysis for the VIX is included. We saw an interesting technical pattern on Monday for the VIX, a favorite for us at ShepWave to trade.
Again, the importance of the next few days is emphasized. Remember when ShepWave published the special update on April 28th? This may be an even more important technical point.
Log In at www.shepwave.com for Tuesday's Special ShepWave Update.
ShepWave Subscription Specials still running. The $25 One Month Special will only be in effect for another hour.
| 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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