ShepWave Pre- Market Update for Wednesday Published. Stock Market Technical Analysis. Elliott Wave Theory. Trend Analysis. Fibonacci Targets.
by ShepWave.com
Posted: 5/14/2008 01:27 EST
The Pre-Market ShepWave Update for Wednesday has been published.
The QQQQ (NDX) Finally hit a new recent high on Wednesday. The indexes ended mixed. Will the QQQQ hit the 61.8% Fibonacci Retracement target of $49.68 before selling? OR will we see a break above last October's high of $55 before selling? We see some critical analysis in the recent action of the U.S. Indexes.
See Trade Trigger Targets, Fibonacci Targets, Elliott Wave Theory Analysis, Chart Analysis, and Trends for the current market conditions in tonight's ShepWave Update at http://www.shepwave.com/
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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