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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 Update for Thursday Morning.. 12,344 possible target for Dow?
by ShepWave.com
Posted: 4/26/2007 03:06 EST

As shown as a potential target in the last update the Upper trend line was hit on Wednesday.  Now What?  There is NO clear bearish divergence.  But, if the indexes are indeed ending an 'ending diagonal' pattern bearish divergence is not imperative.  In tonight's update I show potential upside targets based on 'Fibonacci Extension' and what areas need to be crossed to possibly signal the 'end' (at least for now) of the rally.
 
Click here for today's ShepWave Update.
 
 
Non Subscribers can read our brief notes posted on our page at Stockcharts.com  Click below.  
 
 
 
 
 
 
 
 

 

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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 THREE Updates for Monday Published. ---$99 THREE MONTH SHEPWAVE SPECIAL ENDING-- ALSO--- GET FUNDED TO TRADE FUTURES FROM APEX-----Use coupon code:XKZKHCRV
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ShepWave TWO Updates for Thursday Published. ---$99 THREE MONTH SHEPWAVE SPECIAL ENDING-- ALSO--- GET FUNDED TO TRADE FUTURES FROM APEX-----Use coupon code:XKZKHCRV
ShepWave Pre-Market / Intra Day Update for Tuesday.---$99 THREE MONTH SHEPWAVE SPECIAL ENDING-- ALSO--- GET FUNDED TO TRADE FUTURES FROM APEX-----Use coupon code:XKZKHCRV
ShepWave THREE Updates for Monday Published. ---$99 THREE MONTH SHEPWAVE SPECIAL ENDING-- ALSO--- GET FUNDED TO TRADE FUTURES FROM APEX-----Use coupon code:XKZKHCRV
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