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 Monday Published
by ShepWave.com
Posted: 11/20/2011 23:57 EST

END OF DAY NOTES

The U.S. Equity Indexes have been giving some critical signals lately. Today's signals were mentioned this past weekend. These are very important to mid term and longer term traders and investors.
 
Remember that markets do not typically go straight down. We have been seeing some very identifiable moves since the major top was hit back in the Spring/Summer. So, we should have some more profitable trading opportunities ahead.
 
Log In at www.shepwave.com for Monday's End of Day NOTES in today's ShepWave Intra day Update

 


Typically as a trader I look ot buy on weakness during the shortened trading week in the United States of Thanksgiving. The futures are down at this time, so that may be the case. However as we saw last week we are dealing with some very important mid to longer term techncials which may be overriding the typical holiday week trading strategy.

This next week will be very critical. Note the triggers and targets given in Monday's Update #2 and in this Pre-Market Update. Important Triggers and Targets are given for Short, Mid (Swing) and Long Term Traders and Investors. A quick 10% move would not be a surprise at this time.

Log In at www.shepwave.com for Monday'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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