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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.. One more rally for the indexes? OR.. Is a 'key top' IN?
by ShepWave.com
Posted: 5/24/2007 03:34 EST

For those who have been subscribers to ShepWave for some time you know I couldn't let the move Wednesday left unanswered without an update. The Dow Industrials index made over a 100 point intraday 'reversal' from the highs to the lows of the day. In the update which was posted on StockCharts.com (12:50 P.M. EST)  you will see that there was a Sell Signal using 30 minute charts in late day trading.  Tonight's Special Update shows some disciplined methods to use in  monitoring this trade.  Remember, as shown in recent updates, there are key trendlnes which may provide yet another bounce to make new recent highs.
 
The indexes had an 'outside down' day Wednesday... will we see an outside down week??  What are  the possible strong implications of an outside down day and week? 
 
Click here for tonight's Special ShepWave Update.
 

 
Non Subscribers can read our brief notes posted on our page at Stockcharts.com  Click below.  
 
 

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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