ShepWave Special Update published. FED LIQUIDITY to prop markets??
by ShepWave.com
Posted: 10/2/2006 16:40 EST
I have published today's update to show some potential short term counts.
Why DID the DOW lose 56 points from its high today? Is the rally over?
Today's update tightens up the target range a bit. Will the markets continue to rise.. we have seasonality and the FED adding to liquidity to possibly factor in?
_Click here to read today's ShepWave update._
Don't forget to sign up for CLUB EWI.. It is FREE. Click the image below.
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I have added a chart and analysis for Crude Oil to today''s update. What effect will Crude Oil and Gasoline prices have on stocks.. keep in mind that Crude rallied with stocks from the equity lows of October ''02. Also,, the article in CLUB EWI should clear up our analysis lately. We are looking to profit form upcoming trends whether UP or DOWN.
Click image below to join CLUB EWI.. it is FREE.
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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.
89.....3....11
145...3...23
| 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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