ShepWave.. Some mid to long term 'clues' in current charts. Elliott Wave Theory. QQQQ Trading.. Options.. Analysis.
by ShepWave.com
Posted: 10/31/2006 23:12 EST
I will update as needed. I prefer to do more updates with fewer charts and analysis. This gives people, especially new subscribers, a chance to soak in the analysis. I will probably be doing updates every day until we get a mid to longer term trend confirmation.
I also show key technical analysis for our current short term position in the QQQQ in today's update.. Stops and targets shown along with trend confirmation areas.. both for longs and shorts.
Click here to read today's ShepWave Update.
Have a great day. God Bless You,
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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. |
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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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