ShepWave Pre-Market Update for Tuesday Published. Stocks come back a bit in late session. Is this BULLISH? Stock Market Technical Analysis. Elliott Wave Theory.
by ShepWave.com
Posted: 6/3/2008 01:46 EST
The re-test of the lower trend line for the S&P 500 and Dow Industrials Indexes has been successful SO FAR. Notice the QQQQ found support right at our key trend line Monday. (See the 60 min QQQQ Chart. The Blue Dotted Trend line is the critical point currently.) We had a nice short term entry signal as shown in the 15 min time frame in Monday's Pre-market Update. Will the Indexes (and the QQQQ in particular) need to fill the gap left open from Monday's Open?
Was the late day upward reversal a BULLISH Indication?
Our Options Play in LEH (Lehman Brothers) is up 77% as of Monday's Close. TIme to take profits?
Go to www.shepwave.com for the Pre-Market ShepWave Update for Tuesday.
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.
|
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.
Trend Trading, Trend trading stocks, market trends,stock trends,stock market technical analysis, stock market timing,qqqq, qqqq options, qqqq trading,options, options analysis,stock options, trading options,trading stock options ,stock market technical analysis
stock market analysis stock market stock trading qqqq qqqq trading elliott wave theory Turbo Tagger elliott wave theory market timing stocks trend trading qqqq trading options trading Turbo Tagger Technorati Profile
forex trading currency trading trading software foreign exchange currency forex software forex trading software Turbo Tagger
forex trading forex trading currencies forex trading software forex free trial forex analysis Turbo Tagger power shares qqq powershares qqq qid qid trading qld trading gld Turbo Tagger
stock market stock market technical analysis technical analysis stock market timing market timing stock technical analysis Turbo Tagger
Stock Market Technical Analysis. Elliott Wave Theory
stock market technical analysis options trading elliott wave theory wave theory qqqq analysis Turbo Tagger
305
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. |
About my BLOG |
|
|||||||||
Su | Mo | Tu | We | Th | Fr | Sa | |||
1 | 2 | 3 | 4 | 5 | 6 | 7 | |||
8 | 9 | 10 | 11 | 12 | 13 | 14 | |||
15 | 16 | 17 | 18 | 19 | 20 | 21 | |||
22 | 23 | 24 | 25 | 26 | 27 | 28 | |||
29 | 30 | 31 |
Post back your comments What do you think of this blog entry? Post back your comments and let us know.
|