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.
ShepWave's BLOG

ShepWave

ShepWave Pre-Market / Intra Day Update for Monday Published
by ShepWave.com
Posted: 9/29/2013 20:11 EST

The markets continue to be predictable. We anticipated a new top on September 18th and so far that top has been holding. The short term signals continue to be profitable. See triggers, targets and stop/loss areas in the charts in this update. Also note the chart patterns. Things could be heating up.
 
 
If we do see some more signals there could be a sizable and quick move. Be careful getting too emotional in the action. Also be careful listening to pundits. Remember when we saw the sell off in the summer of 2011? Here is one of the articles published: Dow headed below 10,000 as cyclical bear begins Note how certain the pundit was that the markets were ready to sell. This shows the importance of following along with objective analysis on a continual basis.
 
 
The $155 One Year Subscription Special will be running for at least a few more days.
 
 
Log In at www.shepwave.com for Monday's Pre-Market / Intra Day ShepWave Update

9:57 AM ET Intra Day Update
 

Are the markets ready for a bounce?

The bottom line is that we saw some good trading sell signals last week; traders are in position. Now it is a matter of monitoring those positions and looking for a bullish reversal or any possible confirmation sell signals.

Pay close attention to the additional signals we are watching for today.

Log In at www.shepwave.com for today's Intra Day ShepWave Update

 
 
 
 
 
 

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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