ShepWave Pre-Market / Intra Day Update for Friday Published
by ShepWave.com
Posted: 3/14/2014 01:07 EST
That was a profitable move Thursday. Those who took the aggressive trade mentioned Wednesday evening to add to a QID position on any strength Thursday morning did well. But note that we took profits off the table at the end of the day.
The major indexes saw "outside down" days Thursday. Yes, the Dow Industrials, Dow Transportation, SPX and NDX all saw outside down days. This could be an important indication.
See bounce targets and trading strategy in this update. See confirmation trading signals.
Things are beginning to heat up. We have seen several high percentage single day moves already this year. That brings increased profitability for objective traders.
Log In at www.shepwave.com for Friday's Pre-Market / 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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