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.
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ShepWave

ShepWave... NET $.24 for day trading the QQQQ. Trading opportununities for Wednesday in the QQQQ.
by ShepWave.com
Posted: 2/6/2007 17:59 EST

 

From: shep@shepwave.com
Subject: ShepWave.. Trading opportunities for Wednesday in the QQQQ.
I have published tonight's update to show some potential trading opportunities for Wednesday, February 7th.  I have a meeting in the afternoon so I have tried to put in as much criteria and trading discipline information as possible in tonight's update.  The futures are up a bit at this time.  The QQQQ rallied in after hours to close at $44.25.  If the market gaps up in the morning trading could be tricky so read notes and criteria very carefully.   I will try to update by 10:30 a.m. and by 2:00 p.m. EST on Wednesday with further analysis.
 
 


Tuesday's trading.

Our QQQQ Intra Day trading realized us a profit of $.24 for the day.

This is actual cash trade.  If on 2x margin you would have a realized profit of $.48.... 4X Margin $.96 profit.

I will post another update by market open Wednesday to show our entry points for either Long or Short side QQQQ Trading for Wednesday.

 

 



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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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