ShepWave
ShepWave IMPORTANT Updates for Thursday Published
by ShepWave.com
Posted: 6/27/2012 23:58 EST
Important Intra Day Update Published at 12:20 PM ET
Targets hit yesterday, then a quick reversal. We are definitely seeing some good trading here. And I think it is going to get better.
Note that the exact target range given Tuesday evening for the bounce was hit on Wednesday. So, now what? See analysis, triggers and targets in Thursday's Updates.
The Pre-Market Update for Thursday shows the usual analysis for the equity indexes and ETFs using the 15 and 60 minute time frames.
The Regular Scheduled Update for Thursday shows the daily analysis for Equities as well as analysis for Crude Oil, Gold, and the VIX. Note the highly critical analysis for Crude Oil and the VIX and how it relates to the equity indexes.
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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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