ShepWave Pre-Market / Intra Day Update for Friday.
by ShepWave.com
Posted: 9/15/2011 22:37 EST
The mid term view of ShepWave has not changed, however we are seeing some critical technicals which do warrant using caution. Log In at www.shepwave.com for today's Intra Day ShepWave Update. The ShepWave Subscription Specials ($60 Three Month Subscription and $99 Six Month Subscription) have been extended a while longer due to the critical nature of the markets. We have begun 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.
The U.S. Equity Indices have seen a nice bullish move this week. Note the preferred Elliott Wave Theory wave count as shown in this update. Also note the upward targets.
In the shorter time frame charts for the SPY and the QQQ some Trade Triggers are given for short term traders. These signals, if triggered could lead to a longer term position.
Also some important notes have been added to the VIX chart. We do not use the VIX to actually determine trade positions, but it is a helpful tool in strengthening the view. Note key levels mentioned and targets.
Log In at www.shepwave.com for Friday's Pre-Market / Intra Day 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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