ShepWave CRITICAL Update Published. 'Sustainable' Market Rally Coming? OR just another really good SELLING Opportunity? Stock Market Technical Analysis. Elliott Wave Theory.
by ShepWave.com
Posted: 9/8/2008 01:09 EST
INTRA DAY ShepWave update Published.
Notice the Nasdaq 100 Index (QQQQ) has actually hit RED territory. IS this morning's 'Head Fake' Gap Up over? OR will we see another run at today's highs. Notice the S&P and DOW INDU both hit expected targets as posted in this morning's pre-market updates. QQQQ (NDX) is lagging.... 'Tech Weak?'.
Will the Nasdaq Composite Index turn RED by the end of the day?
Go to www.shepwave.com for today's Intra Day Shep Wave Update.
Stock Futures are UP big. Will we see a sustainable rally? The DOW Industrials Index hasn't seen 12,000 since mid June. Can it make an actual run at this target? OR will the 'theme' of Selling on Strength still be in play even for mid term Swing Traders?
Remember: Don't let emotion dictate your trading/investing decisions. See Trading Strategies, New Trend Lines that we are dealing with for the Mid Term Trend and Possible/Key Targets in tonight's Update. ShepWave took a lot of profits off the table last week.. freeing us up to open some new mid term Swing trades. BUT, be careful.
The moves over the next day or say 'could' reveal a lot about the mid term trend. We will be watching 'wave action' very closely. BUT, may enter some Aggressive Mid Term 'Swing' Trades Monday Morning.
Go to www.shepwave.com for the Pre-Market / Intra Day ShepWave Update for Monday Morning.
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For trading strategies, Trade Signals, Triggers, Targets, Charting and Elliott Wave Theory Analysis go to http://www.shepwave.com/ Go to www.shepwave.com for Updates. Trend Analysis, Elliott Wave Theory, Fibonacci Retracement and Fibonacci Extension Targets, Trade Triggers and Targets shown. QQQQ Trade Signals.
Stock Market Technical Analysis. Elliott Wave Theory.
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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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