ShepWave's BLOG

ShepWave Update Published. Stock Market Technical Analysis. Elliott Wave Theory. New Positions entered this afternoon.
by ShepWave.com
Posted: 7/23/2008 01:49 EST

ShepWave has made some position changes this Wednesday afternoon. For position changes go to http://www.shepwave.com/ . IS the rally still in play? Can the DOW Industrials index crack 12,000?

As suispected in last night's Pre-Market update for Tuesday the Gap Down Open Tuesday was a 'head fake'. Also, ShepWave Upward targets have been getting nailed. Notice the S&P 500 Index nailed our target of 1277. The QQQQ (NDX) have been lagging in the recent bounce action. The real question is whether or not the Dow Industrials index can hit the 11,900 area before seeing selling pressure come back in and whether or not the S&P can see 1292 and the QQQQ can at least fill the gap down left open from the July 18th open. Tonight's update shows the technicals and targets we are looking for to confirm the mid to longer term trend.

Go to www.shepwave.com for the Pre-Market / Intra Day ShepWave Update for Wednesday.

In celebration of the 5th Anniversary of ShepWave we have added extra time to the usual subscription packages. Sign up for the usual 3 months and receive 14 weeks of ShepWave Subscriber Services. Sign up for the usual 6 months and receive 7 months of ShepWave Subscriber Services. This time will be automatically added when you subscribe. Thank you for your patronage over the past 5 years. This special rate will expire at midnight on July 31,2008.

U.S. MARKETS
Finally, June's over
Mixed session ends worst June since Great Depression, with Dow eking out a small gain. S&P 500 ends on upbeat note, but Nasdaq loses 1%.

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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