ShepWave
ShepWave.com
ShepWave.com
Elliott Wave Theory stock market technical analysis. Major U.S. Indexes.
Specializing in QQQ and the DIA analysis and trading. QQQ and DIA Options trading.
ShepWave's BLOG

ShepWave

ShepWave Pre-Market / Intra Day Update for Friday.
by ShepWave.com
Posted: 7/21/2011 19:10 EST

End of Day Update Published.

As expected we saw some excitement this week. We see some critical techncals. Some of these technicals will be made more clear by next Monday or Tuesday. Friday's Trigger Signal just after 11:00 AM worked out well. I hope everyone locked in some profits from this trade.

The markets are at a very critical point. ShepWave will publish a few Updates for Monday this weekend covering some critical technicals on the Daily time frames and using some other indicators.

Log In at http://www.shepwave.com/ for Friday's End of Day ShepWave Update.


Those who took the trigger just past 11:00 AM ET may want to use stops to lock in profits. Is it safe to hold long side positions overnight? See the two potential chart patterns we are examining.

This week we saw some critical technicals. Next week could be even more critical.

I will be publishing several important updates this weekend to make it more clear what we need to see to strengthen either the Bullish or Bearish views.

Log In at www.shepwave.com for today's Intra Day ShepWave Update.

 


1:00 IMPORTANT INTRA DAY UPDATE PUBLISHED.

Follow along wth the continuous Intra Day Analysis.

If you took the trigger signal which was given just after 11:00 AM this morning, you are doing well. This was an aggressive signal, mainly applicable to short term day traders. Read the notes in this update regarding how to minimize risk in this trade and what we are looking for further confirmation. USE STOPS TO LOCK IN PROFITS!

Log In at www.shepwave.com for Today's Intra Day ShepWave Update..


Important Continuous Intra Day Updates.

How long will the markets be range bound? That is the real matter. Watch the key trigger areas.

Log In at www.shepwave.com for today's Intra Day ShepWave Update.


We saw an impressive rally Thursday. Is this an indication that the recent highs are going to be broken? Can the indexes break through the resistance? Read notes closely in this update. Friday and Monday are going to be very critical days in the markets.

ShepWave identifies both potential bullish and bearish triggers. As a trader and investor it pays to always look for potential moves in either direction.

Note the TRIGGERS.

Log In at www.shepwave.com for Friday's Pre-Market / Intra Day ShepWave Update

 

 

 

 

 

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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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