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ShepWave.com
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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ShepWave

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Blog entry date: 5/14/2007
1. ShepWave Special Update Published. New Recent high coming for the Dow and S&P 500 indexes? 5/14/2007 10:06:27 PM
Well we got the action we were looking for Monday BUT if you notice the S&P 500 index DID NOT go above last week's high.  A new recent high for the SPX is not imperative for a trend change reversal but as shown in last night's update it could lead to a technical indication that wo...
2. ShepWave Update Published. Rally to continue Early this next week.. Then What?? 5/14/2007 12:11:48 AM
 
 Last Thursday's Sell off was met by buyers on Friday.  Tonight's update shows some potential UPSIDE movement this coming week.  We have an 'ideal' trade reversal set up.  This set up has been evident for a few weeks now.... but still NO confirmation.  I show p...
 
 
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