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 Update Published PART I. Nice Profits this week. Get Ready for Next Week.
by ShepWave.com
Posted: 6/8/2007 17:44 EST

 

For the Regular Scheduled Update for Monday I have decided to do a Three Part Series.  Part I covers the Dow Industrials index.  I show several trends and how Last week the Fibonacci Extension targets gave ShepWave the insight to a possible downward correction.  In this update I also show areas that need to be broken or hit to give future guidance whether BULLISH or BEARISH.   Next week looks to at the least be interesting and should be profitable for SHORT TERM traders.  ShepWave will be looking for confirming guidance for the MID TERM.  Today's Update shows some interesting technicals occuring in the markets.  See targets in Today's Update that strengthen future  market direction.
 
We had a very good week in short term trading pocketing some  nice profits.  Let's get ready for next week.
 
go to www.shepwave.com for Part I of the 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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