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..Last week's QQQQ Trade Closeed Today with $1.39 PROFIT
by ShepWave.com
Posted: 1/22/2007 23:10 EST

I have published a special update tonight to keep building on our trade entry technique used last week and some methods that we can use to maximize profits or FLIP the position to the other side
 
 Our QQQQ Trade entered last week closed out the day with a profit of $1.39.  The FLIP trade set up as shown in the update published by market open Monday morning was never triggered. 
 
The QQQQ came within 5 cents of triggering us out of the position.  I go through the same scenario tonight.  I show the area we are looking for to be broken to possibly FLIP the current position.
 
Click here to read tonight's ShepWave Update.
 
 
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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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