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ShepWave.com
Elliott Wave Theory stock market technical analysis. Major U.S. Indexes.
Specializing in QQQ and the DIA analysis and trading. QQQ and DIA Options trading.
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Blog entry date: 4/7/2006
1. ShepWave Mid Day Update Just Published. 4/7/2006 2:08:14 PM
Short term strategies and disciplines have paid off.  I show what needs to happen to confirm whether or not the recent rally is over and potential short, mid and long term strategies in today's mid day update.
 
Traders could tighten stops to Lock In
2. QQQQ Trade Entry Update QQQQ Timing. 4/7/2006 10:52:10 AM

The 1 minute chart of the QQQQ below shows that the Q's may be due for a bounce.  Notice that we could have a five wave decline from this morning's continued 'throw over' of the ending diagonal pattern as shown in previous updates (BLOG TRADE).   42.90 would be a potential ...

 
 
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