ShepWave Update Published Short Term Trade still open.
by ShepWave.com
Posted: 10/7/2006 10:54 EST
In today's update I show the follow through trading techniques for the entry in to the short term positions entered this week. I will try to show several short term trading opportunities over the next few weeks. My Purpose is to not only make some quick profits.. but to show trading techniques that can be used on any time frame.
THe LONG side trade for the NDX had a profit of over 50 Points this past week.. our current short term trade is up about 3 NDX points. I show some different time frames in today's update to give clarity to our short term trade. I expect to possibly exit the current short term trade by Tuesday. For a nice quick profit?
Click here for today's ShepWave Update.
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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.
137....8...2
493....10...14
573....11....1
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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