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 Pre-Market / Intra Day Update for Wednesday
by ShepWave.com
Posted: 5/8/2012 20:04 EST

12:28 Important Intra Day Update Published
 
Today's Trade. Log In at www.shepwave.com for today's Intra Day ShepWave Update
 

 
5:22 AM ET Additional  Pre-Market Notes added to today's Pre-Market Update
 
Once again we see the futures down considerable in pre-market. It seems the market cannot catch a bid in the after hours. The signals we are looking for have not changed, in fact the wave count is subdividing as we mentioned previously.
 
Log In at www.shepwave.com for the Additional Pre-Market Notes in Wednesday's Pre-Market ShepWave Update
 

The past several months have put us all in the habit of trading the short to mid term trends, buying and selling (short) at the key areas of the trend channels. That has worked out very well. We could be entering into a new phase of market action.
 
See the trade trigger signals we are watching for Wednesday morning in this update. Also note the stop/loss areas.
 
Log In at www.shepwave.com for Wednesday's Pre-Market / Intra Day ShepWave Update
 
I had an email request for the $150 / One Year ShepWave Subscription Special...it is now running until Midnight this evening ET.

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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