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 Mid Day Update Published. Short Term Traders TIGHTS STOPS NOW!
by ShepWave.com
Posted: 6/7/2006 14:08 EST

 

I am publishing this afternoon's update to show that the indexes have and are behaving as suspected.  Those of you that took this morning's trigger to get in to short term positions for the DIA and QQQQ are advised to tighten stops to 'ensure' profits.  Targets and current Elliott Wave Theory counts shown in today's update.
 
This morning's triggers were hit.. BUT, these short  term trade opportunities can quickly turn.  Please exercise extreme caution.   ShepWave is still positioned for the Mid to Longer term trend.    There will be plenty of opportunities to FLIP positions in the not too distant future.  We are waiting for a safer entry.
 
 
Click here to read this afternoon's ShepWave Update.
 
 
If you haven't signed up for Elliott Wave International's CLUB EWI.. Click image below.
 

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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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