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 Short Term Targets hit for DOW and QQQQ., LOCK IN PROFITS
by ShepWave.com
Posted: 7/24/2007 15:34 EST

Very Important note posted: July 25th at 6:15 A.M.

I have just posted a very important note concerning this morning's pre-market futures action.  After logging in at http://www.shepwave.com/ scroll to the bottom of yesterdays (most recent) update.

 
Have a great day.  I hope to at the least to be able to do a mid day update around 12:00 P.M. ET. and another update after the trading day today.
 
Shep


IMPORTANT NOTE: 

Very critical action for traders/investors today of any time frame.

Key initial ShepWave Target areas have been HIT.  Cautious short term traders may want to adjust stops to lock in profits or maybe a trailing stop.  I will do an update after the market closes today. 

Review today's intraday Updates and last weekend's Updates parts I and II to get more complete guidance for mid term.  Had a good run of very profitable short term trades.  Don't let the profits get away from you.

Can we count a 'key top' as being in?  No, not yet.  I will show what we are looking for to give further confirmation whether a key top is in or not in tonight's update.

 

GO to www.shepwave.com for updates, targets and analysis. 


 

  I like to do the intraday updates when the market warrants it.  Lately has been a real no brainer opportunity to make some quick cash.  BUT, we can't take it for granted.  Will there be a bounce?  Or are we in a wave 3 down with a possible exhaustion gap coming?  There are always a lot of 'IFs' so please remember to trade with objective discipline. And read today's update closely for targets and trade triggers.
 
 
Go to www.shepwave.com for Tonight's ShepWave Update.

Forex Traders click the image below for a 10 day  trial.  Forex Trading Software.  Charting analysis and much more.

 

 Sign up for the Forex Trading Software through ShepWave (click on link above) and receive a FREE MEMBERSHIP to ShepWave.  You will have an active subscription to ShepWave for as long as you subscribe to the Forex Charting Software.

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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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