ShepWave Update Part 2 for the Weekend. S&P 500 Charts
by ShepWave.com
Posted: 5/29/2006 22:59 EST
As many of you know. I use the charts of the S&P 500 index to confirm all positions and trading patterns in the other indexes. Tonight I show some charts of the S&P 500 to show the Preferred Elliott Wave Theory counts at this time. This should be a very profitable period coming up for current positions. Our core positions are in the black. We have entered some Options positions last week that we should keep open for the next few weeks... charts will indicate when to take profits.
Click here to read tonight's update at ShepWave.com
Don't forget to sign up for Club EWI.. IT is a free service and very informative.
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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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