ShepWave
ShepWave.com
ShepWave.com
Elliott Wave Theory stock market technical analysis. Major U.S. Indexes.
Specializing in QQQ and the DIA analysis and trading. QQQ and DIA Options trading.
ShepWave's BLOG

ShepWave

ShepWave. Special Update.. Rally in to the New Year??
by ShepWave.com
Posted: 12/15/2006 02:50 EST

 

Wednesday's rally could mean that our possible target of testing the  underside of the up trend line as shown in updates 'could' be hit.. Potential upside targets for the Dow still in play.  I show (as in previous updates) what 'could' be a signal that the rally is over.  The problem is the Nasdaq indexes are not convincingly confirming the rally.. yet...and we 'did' have a sell signal two weeks ago which has now obviously been negated.  Tonight's update will show what we are looking for to confirm further Bullish action or a change of the mid term trend to Bearish.
 
Click here to read tonight's ShepWave Update.
 
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Trend Trading, Trend trading stocks, market trends,stock trends,stock market technical analysis, stock market timing,qqqq, qqqq options, qqqq trading,options, options analysis,stock options, trading options,trading stock options ,stock market technical analysis


 
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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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