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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 New OPTION Position OPENED in QQQQ. Short term Fibonacci Targets hit in indexes. Now What?
by ShepWave.com
Posted: 6/11/2007 11:24 EST

 

ShepWave has entered a new OPTION position in the QQQQ as mentioned in Part II of this weekend's updates.  Looking for >100% profit in this trade..  This could be a quick one.  In the next update I will give price targets (QQQQ) for possible quick exit and profit taking.
 
go to http://www.shepwave.com/ and click on Shep's Trading Log for exact Side, Expiration and Strike for this option trade.
Note posted Monday June 11 at 7:44 P.M. EST.
 
I have published a quick update showing the 'preferred' EWT counts for the indexes.  Notice the Dow Industrials hit the targets shown in this weekend's update ....then turned down losing 50 points in late day trading from it's high.  Short and Mid term guidance is included in tonight's update.
 
go to http://www.shepwave.com/ 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 Pre-Market / Intra Day Update for Friday. --ALSO--Apex Trader Funding 80% Off any Size Evaluations - use ShepWave Coupon Code "XKZKHCRV" at checkout for 80% Off.
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Log In at ShepWave.com for the THREE ShepWave Updates for Monday--ALSO--Apex Trader Funding 80% Off any Size Evaluations - use ShepWave Coupon Code "XKZKHCRV" at checkout for 80% Off.
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