ShepWave Update Published. The DOW INDU to 12,500 next week??
by ShepWave.com
Posted: 11/24/2006 01:45 EST
I have published the regular scheduled report that usually comes out by Thursday morning tonight. I hope all U.S. subscribers had a pleasant Thanksgiving.
We have been showing the recent trend lines of many different time frames in our recent updates. Tonight is NO different. Except that the short term trends are getting tighter and tighter. A break will occur soon. In tonight's update I show the initial trend expectations and areas that need to break to confirm either a continued rally or a return to, at the least, a short term sell off or correction.
Will the Dow break 12,500 next week?
Click here for tonight's ShepWave Update.
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352....25..10
412..25...13
525...26....3
610...26....11
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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