ShepWave Pre-Market Update for Friday Published. Stock Market Rally Back in PLAY? Stock Market Technical Analysis. Elliott Wave Theory.
by ShepWave.com
Posted: 5/29/2008 23:29 EST
The Pre-Market ShepWave for Friday has been published. If you took the Long Side trade (short term) our Fractal Target for the QQQQ was hit and broken by 22 cents. Stops are suggested to lock in profits. See tonight's notes for Reversal Signals and potential Signals which support (or weaken) the Bullish Scenario.
New DIA Options Play being entered Friday Morning.
Go to www.shepwave.com for the Pre-Market ShepWave Update for Friday Morning.
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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