ShepWave Updates Published. BULLISH Run still in progress? Stock Market Technical Analysis. Elliott Wave Theory.
by ShepWave.com
Posted: 5/11/2008 23:37 EST
The Regular Scheduled Update for Monday Mornng has been published. More Fibonacci Extension and Retracement targets are shown in this update. Plus key targets for next bounce to occur.
Also: the Pre-market Update for Monday Morning has been Published. The DOW and S&P have both broken some short term trend lines. The QQQQ (NDX) have NOT broken the critical areas. Is this an indcation that the markets have one more good bounce in them? It is Options Expiration Week so expect some volatility.
Go to www.shepwave.com for tongiht's Updates.
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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