ShepWave Pre-Market / Intra Day Update for Tuesday Published.
by ShepWave.com
Posted: 8/22/2011 23:51 EST
Important Intra Day Updates Published. Initial bounce targets and the expected over throw of the recent wedge pattern have worked out so far. Note potential (and ideal) targets for today. Keep checking the update through out the day today for continuous intra day updates. Log In at www.shepwave.com for today's Intra Day ShepWave update.
Additional Pre-Market Notes published at 1:30 AM ET Based on tonight's over night action we have a potential Trade at Open opportunity in the morning. Log In at www.shepwave.com for Tuesday's Additional Notes in the Pre-Market ShepWave Update.
Monday was a very interesting day in the markets. ShepWave locked in some profits Took 28% Profit in a NDX related Options play. Took 86% profit in a NDX related Options play. Took 5% profit in a Dow Industrials Index related Options play. We were also able to enter new positions Monday. The rest of the week should be interesting and possibly volatile. The futures are up as of 11:30 PM ET. There may be another trade at open opportunity for Tuesday. See the particular chart patterns the indexes are showing. Note triggers and targets. The rest of this week could be a quick paced market, providing some interesting trading opportunities. Log In at www.shepwave.com for Tuesday's Pre-Market / Intra Day ShepWave Update. The Markets remain in a very technically critical point. It is not a good time for traders or investors to be complacent. Possible 20%+ move coming soon. Position Now. The ShepWave Eight Year Anniversary Subscription Specials ($60 Three Month Subscription and $99 Six Month Subscription) will be ending soon. We will begin a referral program for subscribers. For every new subscriber you introduce to ShepWave we will add one month on to your subscription. Existing Subscribers can take advantage of the Special prior to the expiration of their current subscription; the time will automatically be added to subscription.
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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