ShepWave
ShepWave Intra Day Update. PROFITS TAKEN IN MORNING SESSION. NEW POSITIONS OPENED
by ShepWave.com
Posted: 10/5/2011 10:57 EST
We are seeing some interesting technicals today, particularly this afternoon. Note the targets which were issued earlier today! Note the preferred wave action. Also note the potential strategy regarding today's positions. These may be for a quick trade, or we may add to these positions depending on action.
Log In at www.shepwave.com for Today's Intra Day ShepWave Update and Trade Details and Strategy.
ShepWave closed out four positions this morning, all for a profit. One was an options play for a 61% profit. The trading since the April/July highs has been predictable and very profitable for mid term swing traders who have been watching the technicals and NOT GETTING TOO GREEDY!
We expect the action to remain somewhat predictable for the upcoming weeks.
The markets remain in a critical mid to longer term technical situation and are most likely setting up for a big move.
See the projected pattern and targets as well as triggers in this Intra Day 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.
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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