ShepWave.. Elliott Wave Theory. What are the Charts telling US?
by ShepWave.com
Posted: 3/16/2006 02:06 EST
I have added some analysis for the Weekly charts of GOLD to today's update.
Is the MACD giving a Weekly Sell Signal? Keep in mind that the 50 week moving average has been providing a lot of support for the commodity. Watch the next down tick to see if this trend is broken or not.
go to http://www.shepwave.com/ for this today's amended update.
Elliott Wave Theory analysis covering the Major U.S. Stock Indexex.
| 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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