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 Update. Take Cover... Is the Sky Falling?
by ShepWave.com
Posted: 5/12/2006 13:53 EST

 

I have added some Weekly charts to this morning's update to show the potential long and mid term indications.  Outside Down Weeks in the S&P 500 and the Nasdaq 100 indexes.
The Dow 'could'  be a potential outside down week too.. but, I am not counting on it.
 
Good job everybody.  Have a great weekend.
 
Been an excellent week.  WE should have many more of these weeks in the future.
 
for today's update CLICK HERE.  You will find the Weekly charts added to this morning's update.  Things are heating up.
 
ShepWave closed out two OPTIONS positions this week each for 100% + profit.  Took some profits on our core position in the QQQQ. 
 
Shep
 
IF you haven't already signed up for CLUB EWI click on the link below.  IT IS FREE.
 

http://www.elliottwave.com/a.asp?url=/education/tutorial/&cn=6sw

http://www.elliottwave.com/a.asp?url=http://www.elliottwave.com/club&dy=bso-bt&cn=6sw

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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.
 
 
Shepwave Elliott Wave
Theory Tutorial


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