ShepWave
ShepWave.. Regular Scheduled Update for Monday Part I and II Published. Continued BULL run.. or Trend Change Coming??
by ShepWave.com
Posted: 4/22/2007 02:32 EST
In the regular scheduled update part II for Monday Morning I show alternate EWT counts for the indexes. Will we get a several hundred point sell off in the Dow Industrials only to be followed by another rally to yet a new all time high? I show the EWT count that fits for this potential.
Traders looking for either a SHORT side entry in the QQQQ. Or in the case of ShepWave current positions looking for a confirmation of positions.
CLICK HERE and read the notes in the chart. Scroll down to the last chart...... 10 minute chart of the QQQ.
Tonight's update is part I on the regular scheduled ShepWave update for Monday morning. I cover some technical devices to determine upside targets in what seems to be a never ending BULLISH market. Is the Dow Industrials index in a 'break out' mode and just how high will the index go? In recent updates I have been concentrating on methods of entering 'reversal' positions. Tonight's update is just the opposite. I show 'some' technicals to determine the length of an extended market move.
Non Subscribers can read our brief notes posted on our page at Stockcharts.com Click below.
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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