ShepWave "Nasdaq Stands Out " Mid Day Update just Published.
by ShepWave.com
Posted: 4/13/2006 14:50 EST
The headlines on MarketWatch.com this afternoon read: "Nasdaq Stands Out". It is humorous to me how although the Nasdaq has lost more than the Dow (percentage) since the recent highs and is merely retracing a portion of the recent down move BULLISH sentiment is still overwhelming. I will show in today's update current market analysis. Will the Nasdaq lead the other indexes to a new multi year high or is it merely reacting to some short term 'over sold' conditions.
Go to http://www.shepwave.com/ for today's Trading Analysis.
Nasdaq Indexes, Dow Industrials Index, S&P 500 Index.
Trade Stocks, ETFs, QQQQ, DIA, and Options.
Stock market timing and analysis.
Elliott Wave Theory.
| 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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