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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 Update Published. Dow Industrials Rallies...but the Bullish Percentage Index closes down 1.9%. New High Coming?
by ShepWave.com
Posted: 6/27/2007 23:49 EST

 

The DOW INDUSTRIALS index hit our KEY target today..BUT did NOT break through it.  A bullish indication??

The markets had a rally 'stick' today.  We also have overlapping waves since the recent highs.   The Bullish Percentage Index for the NYSE closed DOWN 1.9% Wednesday despite the rally. 
 
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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