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 Mid Day Update Published. Initial targets hit!!
by ShepWave.com
Posted: 6/25/2007 14:56 EST

 

I have published a second ShepWave update today.  Some very 'key' technicals occurred today.  Please read recent updates closely for targets and possible EWT counts.
 
go to http://www.shepwave.com/ for today's ShepWave Update.


I have published a quick Mid Day Update showing some potential EWT counts for the recent action.  As mentioned in this past weekend's updates....this is a critical week.  Our first target was hit today.  "When" will our next target get hit.  Be on your toes this week.
 
Some key trendlines have been broken.  For future targets go to ShepWave and read our updates to see target areas to confirm either the continuation of the BULLISH rally or to SIGNAL a BEARISH REVERSAL.   Potential 'BOUNCE' targets shown.  As shown in our updates.... a retracement will happen.  The question is which rally is going to be retraced:  The rally from March lows...the rally from the lows of Summer 2006 or the rally from October 2002 lows....or will the markets go lower than October 2002 levels?  We will show targets and follow the action closely.  OPTIONS and FLEXIBLE traders will have some profitable trades coming up.
 
Initial Targets HAVE been hit. 
 
go to http://www.shepwave.com/ for today's mid day 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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