ShepWave Regular Update for Monday Published
by ShepWave.com
Posted: 8/16/2014 00:17 EST
It is the daily time frame charting analysis which was used in part to anticipate the current rally. Note the important mid term support areas in which the indexes found a bounce. The key is to watch the wave action and the confirming technicals. Read notes and analysis in this update for further guidance in regards to the current rally.
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| 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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