ShepWave Regular Scheduled Update for Monday Published. More 'Blood in the Streets' on the way? Stock Market Technical Analysis. Elliott Wave Theory.
by ShepWave.com
Posted: 9/7/2008 10:38 EST
The Indexes saw a big down move last week. Notice, as shown in today's Update, that several of the 'key' indexes also had 'Outside Down' weeks. Is this strengthening the Bearish Mid Term Potential?
Since the All Time Highs set last year in the DOW Industrials, S&P 500, and Dow Transportations Indexes the trading 'rule of thumb' has been to 'SELL ON STRENGTH'. Will this pattern continue?
Where/When can traders begin 'Buying on Dips' as a trading 'style'?
Go to www.shepwave.com for the Regular Scheduled Update for Monday Morning.
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U.S. MARKETS
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Starting in August ShepWave began Publishing Intra Day Updates with short term analysis 'mainly' concentrating in the QQQQ but also showing the other indexes and individual Stock analysis. This EXTRA service will have an additional charge to the Regular ShepWave Subscription eventually. Those already Subscribed to ShepWave will be EXEMPT from any additional charge for this service when it is added in the future.
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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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