ShepWave
ShePWave Pre-market / Intra Day Update for Friday
by ShepWave.com
Posted: 5/17/2012 22:56 EST
2:50 PM ET Some End of Day Notes have been published
IT's been a very profitable week and a lot of subscribers are wondering about taking profits in the current positions. Some final notes for the today have been added.
1:41 AM ET Additional Pre-Market Notes
Futures are down a bit at this time. Dow futures are about 62 points below fair value. Is this a final washing out of the down trend?
This has been a very profitable move recently for most of you; at least most of you that I hear from on a regular basis. There are some specific notes as to managing current positions in these additional pre-market notes.
Log In at www.shepwave.com for the Additional Pre-Market Notes in Friday's ShepWave Update
Markets keep selling off towards our targets. Keep the targets in mind that were shown in the Regular Scheduled ShepWave Update for Thursday, which was actually published for Wednesday morning. These targets are important.
Also we are seeing some more clarity in the wave action. Note the preferred and alternate Elliott Wave Theory Wave counts.
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ShepWave is running a $150 / One Year Special Subscription Special which will end Friday, May 18, 2012.
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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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