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.
ShepWave's BLOG

ShepWave

ShepWave Important Updates for Wednesday Published. 2 MONTHS of profits for BULLS gone in Six days.
by ShepWave.com
Posted: 4/10/2012 22:07 EST

Additional Pre-market Notes added at 2:43 AM ET
 
Futures are up at this time. Dow Industrial Futures are about 70 points above fair value. I have received a couple of emails about new trade entries in the morning. A new chart has been added and some additional guidelines as to trade entry are given.
 

Log In at www.shepwave.com for the Additional Pre-market Notes in Wednesday's Pre-Market / Intra Day ShepWave Update
 

Notice that last week we saw the key trend support line ShepWave was using to gauge our short term trading in the Dow Industrials broken. In just six trading days the markets have erased TWO MONTHS of gains. You cannot make this stuff up.

Regular Scheduled Update for Thursday (Published early, for Wednesday morning) has been published.

Due to the action Tuesday the Thursday Regular Scheduled Update is being published early. In this update you will find the daily charts for the major Equity Indexes as well as Crude Oil and the VIX. We are seeing some critical moves.

Keep in mind the reason I publish the Monthly, Weekly and Daily time frames is to give a view of the "forest." It is always important to know what the markets are working on in the longer term time frames. Then we pull the view down to the 15 and 60 minute time frames for the Pre-Market and Intra Day Updates, this is the view of the "trees"; but while we are watching the shorter term time frames we have the longer term time frame analysis in the back of our minds. This is very important in my opinion.

Also Read the Pre-Market /Intra Day Update for Wednesday for short term targets and stop/loss suggestions.

Log In at www.shepwave.com for Wednesday's IMPORTANT ShepWave Updates

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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