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 markets GAP Update... Targets and Strategy. Profits today of $.98 (morning) and $.22 this afternoon.
by ShepWave.com
Posted: 3/6/2007 08:57 EST

 

ShepWave has closed out the QQQQ Position entered today.  Scalped a $.22 profit for the afternoon.  Combined with our profit taken this morning of $.98 in the position we opened Thursday it has been a good day.  Log in and click on Shep's Trading Log for suggested stop and strategy with targets if you are going to keep the most recent position open.


ShepWave has entered a new position in the QQQQ this afternoon.
 
 
We show our entry and initial stop/loss along with trading strategy to tighten the stop/loss in this afternoon's Shep's Trading Log Entry.
 
Go to www.shepwave.com and click on Shep's Trading Log for today's trade.

Took Profits THIS MORNING of $.98 in our short term QQQQ Position.  See Shep's Trade Diary for this trade.
 
I have published a special update this morning.  The index futures are indicating a GAP UP this morning.  Will this be a renewed rally to all new highs or just a correction  to relieve the recently acquired 'over sold' condition on some time frames?  
 
This morning's update shows our strategy and targets for this move.
 
Click here for today'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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