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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 Update Published. BULLS In Charge... but for how much longer??
by ShepWave.com
Posted: 12/21/2006 03:05 EST

 

Bulls still in control.  But for how much longer?   The markets are following the trend we have been tracking for the past few weeks.  Pretty much a  'no brainer' for short term traders.  Until we get a double break of the lower trend line.. BULLS will remain in control. 
 
I show what we are looking for to confirm a mid to longer term trend change in tonight's update for the indexes.  We see some bearish divergence.. BUT,, we need to see the break of the levels shown in tonight's update to issue a mid term trend change Sell Signal.
 
Click here for tonight's ShepWave Update.
 
Click the image below to join Club EWI.. It is free.
 
http://www.elliottwave.com/a.asp?url=http://www.elliottwave.com/traders/&dy=bso-bt&cn=6sw

http://www.elliottwave.com/a.asp?url=store/defaults.asp?view=books&cn=6sw

 

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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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ShepWave Pre-Market / Intra Day Update for Friday. --ALSO--Apex Trader Funding 80% Off any Size Evaluations - use ShepWave Coupon Code "XKZKHCRV" at checkout for 80% Off.
ShepWave TWO Updates for Thursday Published. --ALSO--Apex Trader Funding 80% Off any Size Evaluations - use ShepWave Coupon Code "XKZKHCRV" at checkout for 80% Off.
ShepWave Pre-Market / Intra Day Update for Wednesday--ALSO--Apex Trader Funding 80% Off any Size Evaluations - use ShepWave Coupon Code "XKZKHCRV" at checkout for 80% Off.
ShepWave Pre-Market / Intra Day Update for Tuesday. --ALSO--Apex Trader Funding 80% Off any Size Evaluations - use ShepWave Coupon Code "XKZKHCRV" at checkout for 80% Off.
ShepWave THREE Updates for Monday Published. --ALSO--Apex Trader Funding 80% Off any Size Evaluations - use ShepWave Coupon Code "XKZKHCRV" at checkout for 80% Off.
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