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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: 5/3/2007
1. ShepWave.. DOW INDU Fibonacci Targets HIT!!!!.. NOW WHAT??? 5/3/2007 3:16:13 AM
The Dow Industrials index has hit the expected Fibonacci target.  So.. now what?  Is the rally over? Remember that ending wave patterns 'can' have a tendency to extend.  Also the Fibonacci target was based on a 61.8% Fibonacci extension in comparing the recent wave moves from las...
 
 
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