ShepWave QQQQ Trading Opportunity for Thursday, April 6....
by ShepWave.com
Posted: 4/6/2006 03:05 EST
The 60 minute chart of the Nasadq 100 index above shows a potential Trade Signal that could be Triggered at any time. A double break below $42.38 with the second bar going below the low of the first bar would be a SELL SIGNAL TRIGGER. Keep today's high of $42.67 as a stop. Tighten stop as the QQQQ go down.
Your first target is $41.96 area.
I will post on the regular update how to monitor this trade once this occurs.
go to www.shepwave.com for more trading analysis. Short, Mid and Long term trading analysis.
Stock Market Analysis.
Elliott Wave Theory
Trade Stocks, Indexes, ETFs, QQQQ, DIA or Options..
| 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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