ShepWave
ShepWave IMPORTANT Pre-Market / Intra Day Update for Friday.
by ShepWave.com
Posted: 9/23/2011 01:31 EST
IMPORTANT INTRA DAY UPDATE at 12:58 PM ET
This update is important. Some new short term triggers are given.
Today's Intra Day Update shows some critical technials
Pay close attention to the trigger areas, target areas and the CURRENT STRATEGY!
I almost never have the sound up when I have CNBC on and it is a good thing. I can only imagine how many times they said, "The market closed off its lows". The lack of any clear, accurate and objective technical analysis in one's viewpoint to the markets will result in an improper view of the market direction.
As you saw ShepWave took a lot of profits off the table Thursday morning. Even managed to close out an options play for 57% profits in just a couple of days.
The market did 'begin' to close the gap from Thursday's open. Will this gap close completely? SEE Triggers and Targets.
In this Pre-market Update for Friday the projected action is given. Note the short term Triggers and Targets.
Stay objective and disciplined. DO NOT let emotion guide your trade making decisions. Markets do not go straight down; not yet anyway, that day may be coming but as you can notice in our analysis we do not see that day as being here 'yet.'
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.
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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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