ShepWave Pre-market / Intra Day Update for Wednesday Published. Will the DOW Industrials break 13,000? Stock Market Technical Analysis. Elliott Wave Theory.
by ShepWave.com
Posted: 4/23/2008 00:07 EST
Important Notes added at 2:00 PM
There is no denying that the markets are at a critical point. See the added to today's Intra Day Update for more clarification and possible Short Term, Mid Term and Longer Term Signals and targets.
Go to http://www.shepwave.com/ for updates.
Important Intra Day Notes posted at 10:20 AM
Some important notes have been added to the Intra Day ShepWave Update. Of the the Three important technical factors I gave in this morning's Pre-Market Update to possibly signal that a key mid term top is in ACTUALLY only one is of vital importance and can be considered 'necessary' to be fulfilled before we see purposeful selling pressure.
Go to http://www.shepwave.com/ for ShepWave Intra Day Update Important Notes.
Was Tuesday's down day an indication that the rally is over? The indexes hit key targets as previously cited by ShepWave. But, there is definite reason to be cautious if you are a short term BEAR. Will the Gap Down Open from Tuesday morning need to be filled? See the Pre-Market Update for Wednesday for critical analysis of current market technicals.
Will the DOW test the long term up trend line and/or the 200 week moving average?
Go to www.shepwave.com for Tonight's ShepWave Update
the fed
Fed chief drops
the 'R' word
Ben Bernanke concedes the economy finds itself in a very difficult phase. Growth outlook, he says, has worsened in 2008, and recession can't be ruled out.
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For trading strategies, Trade Signals, Triggers, Targets, Charting and Elliott Wave Theory Analysis go to http://www.shepwave.com/
QQQQ Trades Opened including Options Trade, BAC (Bank of America) Options Trade, AAPL (Apple) Options Trade, PMCS Short to Mid Term Trade and Dow Industrials and S&P 500 analysis.
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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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