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.
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ShepWave

ShepWave Important Pre-Market / Intra Day Update for Wednesday. Bullish Wedge?
by ShepWave.com
Posted: 11/15/2011 22:03 EST

Some days the markets are just too easy to trade. The suggested BUY at the gap down open was a good call. In the 1:47 ET PM update the bearish reversal potential was mentioned. So, hopefully everyone was able to get in on these quick moves.
 
Note the current trend lines to watch.
 
Log In at www.shepwave.com for today's Intra Day ShepWave Update
 
 

 
Read the notes in this evening's ShepWave Update closely. The futures are down at this time, Dow Industrial futures down 90 points below fair value. This is bearish right? Actually this may be setting up for a short to mid term bullish scenario.
 
Note the targets and the projected action closely. This action could take place over the next few weeks, providing some very profitable trading opportunities.
 
Log In at www.shepwave.com for Wednesday'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.
 
 
Shepwave Elliott Wave
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