ShepWave
ShepWave ..Indexes acting as suspected. Read notes in update closely. Locked in proftis of $.86 today in QQQQ.
by ShepWave.com
Posted: 6/7/2007 11:02 EST
BEEN A BUSY DAY.
late afternoon entry in the QQQQ.
Go to www.shepwave.com and click on the Trade Diary for this short term trade. Since I have time this week to show some short to mid term trading strategies I am taking it. As mentioned in earlier emails and updates I don't do this all the time.. BUT now seems like a good opportunity.
Stopped out of short term QQQQ at approx 2:30 P.M. EST.
Per the recent updates including today's update ShepWave was stopped out using a Trailing Stop/Loss on Monday's entry of the QQQQ.. Locked in profit of $.86.
Still open BIG. I will publish an update later to give some guidance for mid and longer term traders and also show possible TRADE ENTRY set up for Friday.
Top Note posted at 1:38 P.M. EST
I have published a special Mid Day QQQQ Update to show some potential trading strategies. If you took the entry on Monday you should be in the BLACK by at least $1.00 (profit as of 2:00 P.M. EST) Time to implement trade management strategies to LOCK IN PROFITS.
Short term traders please review the Regular Scheduled update for this morning. Notice we have some 'key' areas getting hit. I will continue to show possible trade FLIP and short term trade situations for the Stocks mentioned in yesterday's update.
Go to
http://www.shepwave.com/ to read the update titled :
ShepWave Regular Thursday Morning Update Published. SELL SIGNAL USING DAILY CHARTS FOR DOW AND S&P Indexes
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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