ShepWave Pre-market/ Intra Day Update for Tuesday Published. Stock Market Technical Analysis. Elliott Wave Theory.
by ShepWave.com
Posted: 5/20/2008 01:34 EST
Important Intra Day Notes posted at 2:10
Some important intra day notes have been added to today's ShepWave Update. Is it safe for short term traders to BUY on today's weakness? Should Longer Term Traders be adding to their SHORT SIDE positions now or wait for further confirmation? See the present critical trend lines and Elliott Wave Theory analysis in today's update. Remember the wave pattern of the recent rally is possibly very revealing to the actual mid to longer term trading opportunities. Don't be 'faked' out by price movement or Television Financial Pundits.
Go to www.shepwave.com for today's Intra Day ShepWave Update.
Intra Day Notes added at 10:12
Go to http://www.shepwave.com/ for today's intra day notes. Also a new position has been added to mid term trades as mentioned and still looking to add more. See Details.
Time to 'Buy on the Dips'? OR just a good selling opportunithy?
The Indexes hit a new recent high Monday. In fact the Dow Transportations index hit a new ALL TIME HIGH.
Is this a signal that the BULL is back and we can expect 16,000 + on the Dow Industrials Index? OR is this just the third best Selling Opportunity of the past year? Remember Price Dictates.. BUT chart and wave patterns give clarity and support trends. For today's critical technical data go to http://www.shepwave.com/
Was Monday's REVERSAL an indication that we have seen a key TOP?
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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