ShepWave Mid Day Update just Published. Short Term Targets Have Been HIT.
by ShepWave.com
Posted: 4/12/2006 14:14 EST
I am publishing this mid day update to show that the targets set in last night's update have hit. I provide further trade management techniques and targets in today's update. Now may be a good time to ENTER a position if you are not already in.
Longer term trend is confirming.
The action of the S&P 500 index is confimring Mid to Longer term analysis.
Browse through the ShepWave BLOG for some of the Recent Trading Opportunities shown for all to view there. The SHORT side trade in GOOG (Google) is still alive. Keep the recent high of 420 as a stop. Remember our target for the LONG side trade just a couple of weeks ago was 419. Target has been hit and a potential Reversal Trade is in the works.
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Stock Market timing and analysis. To subscribe to ShepWave go to http://www.shepwave.com/services/
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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