ShepWave
ShepWave Intra Day Trading Notes for today. Took Profits FRIDAY in short term QQQQ and SUNW trades Entered Thursday. Took profits in short term QQQQ and SUNW positions.
by ShepWave.com
Posted: 8/3/2007 09:25 EST
Note added at 3:37 P.M. ET.
Go to
http://www.shepwave.com/ and click on today's Intra Day Update. Our initial target for the SUNW position entered yesterday was hit.. so we took profits.
We will get set up for some more short term trades Monday.
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This offer ends Sunday August 5, 2007 at Midnight
Note added at 3:00 P.M. ET
ShepWave is making a firm stop in our QQQQ Position entered yesterday as a short term trade. Sitting on some quick profits now.. But, don't want to leave short term positions open over the weekend. We will find another entry for a short term trade Monday. See the 5 minute chart of the QQQQ in today's Update. We will show our stop and our exit point for this trade today.
Our SUNW trade has worked out well. We are keeping this recently opened trade open for a mid term trade.
I will write extensive updates this weekend showing short, mid and longer term targets, analysis and trading strategies.
I have already started writing the Intra Day Updates for today. In the pre market charts I show what traders can be looking for to enter cautious short term trades,,, initial targets etc.
Also, be sure to review the update that was published last night. Shows on a larger scale what we are looking for in the markets. Potential mid to longer term targets etc.
I will be updating today's intra day update with charts and analysis all through the day.
ShepWave is still open SHORT TERM TRADES in QQQQ and SUNW , the short term QQQQ Trade we plan on exiting today.
Sign up or add Three months to your subscription and get a free two week extension.
Sign up or add Six months to your subscription and get a free Month extension.
This offer ends Sunday August 5, 2007 at Midnight
ShepWave offers the Services listed below for Less than $20/Month
Short, Mid and Long term Trading Analysis with Trade Entry Signals, Strategies, and Targets
Regular Scheduled Updates Published by Market open on Monday and Thursday's.
Intra Day Updates for QQQQ, DOW,S&P 500 and selected individual stocks most every day.
Our purpose is to not only show potential trade set ups and the management of those trades but to TEACH objective disciplined methods of trading for any time frame.
QQQQ Trend Trading.
QQQQ Options Timing
Dow Industrials, S&P 500, Nasdaq Indexes, QQQQ, DIA and Selected Stocks Analysis
Email Notification of reports and trades if desired
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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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