ShepWave Updates Published. Is the rally over? Stock Market Technical Analysis. Elliott Wave Theory.
by ShepWave.com
Posted: 5/21/2008 23:44 EST
Notes Posted in today's Intra Day Update at 11:30
Go to http://www.shepwave.com/ for today's Intra Day Update. New Position Entered.
The Regular Scheduled Update for Thursday Morning has been published. ShepWave takes a look at the confirming action in the DOW Transportation Index to support the Mid to Longer term trend. Also shown are the next targets to confirm the trend. Trade (Profit taking) targets are shown. Using the VIX (Volatilty Index) to confirm trends.
The Pre-Market / Intra Day Update for Thursday Morning has also been published. Key trend lines have been hit and tested and now we are dealing with a new set of trend lines and charting analysis. Was the sell off of the past few sessions a buying opportunity OR was the rally from the lows of Mid March just a BIG Selling Opportunity?
Go to www.shepwave.com for 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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