ShepWave Pre-Market / Intra Day Update for Friday Published
by ShepWave.com
Posted: 1/30/2014 22:07 EST
Notice that the ideal bounce targets for the SPY and QQQ were Thursday were hit. Well, the QQQ went 18cents over over anticipated target for Thursday.
So is the rally back? Or is this just another really good selling opportunity? Keep in mind that the markets are setting up for another big move, and we look to take advantage of this move.
See triggers and targets for Friday.
Read the analysis closely in this update.
Log In at www.shepwave.com for Friday's Pre-Market / Intra Day ShepWave Update
11:50 PM ET Additional Pre-Market Notes for Friday Published
Note the futures are down at this time. The Dow Industrial futures are about 71 points below fair value. Note that this brings into play another favorite ShepWave trading chart pattern. This is actually one of our most favorites.
In these additional pre-market notes you will find specific guidelines as to our trading decisions.
The markets are heating up. Get ready for a 10%= move to happen quickly.
Log In at www.shepwave.com for the additional pre-market notes in Friday's Pre-Market / Intra Day ShepWave Update
Friday Intra Day Update Published
Nice gap down today. The gap is somewhat filling. Is this an Island Reversal pattern? Or is the rally back?
See today's Trigger areas and Targets!
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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