ShepWave Special Update.. When will the current ending diagonal END???
by ShepWave.com
Posted: 9/29/2006 03:14 EST
I have published tonight's Special Update to explore and show the fibonacci relationships in the current market conditions. Having reached the final stages of an ending diagonal; keep in mind that fifth waves "do" tend to extend. With this in mind I will show a potential pattern for the indexes to finish the fifth wave.. Targets are shown for increased upward movement and for the strengthening of the return of the bear.
Click here to read today's ShepWave Update
For those who haven't signed up for CLUB EWI yet click the image below. It is FREE. And is a great source of information. Be sure to read the FREE report quickly describing Diagonal Triangles.
Browse through our BLOG for recent trade data.
When the Dow Industrials Index recently hit a multi-year high in May the Financial Television Channels were pumping the rally. Flashing a ticker showing how many points to a new all time high. Who did this help? Click here to see one of many updates published that week showing our analysis and how we were positioning ourselves to PROFIT from the upcoming turn. Are these Financial Information channels helping the average investor or perpetuating denial as to the mid and longer term direction of the U.S. Markets? Click here to read our update from May 13, 2006. TARGETS HIT.
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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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