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.
Wednesday's rally was impressive. However was this rally just as many term a "short covering rally?" The technicals we are seeing at the current time are critical.
I have noticed that already today there are very credible analysts pointing to the fact th...
The initial targets for the bounce which were published this past weekend have been hit. So, is the rally over? See the new triggers and targets in today's ShepWave Update.
Note the potential short to mid term Elliott Wave Theory wave counts in this update. Some very important notes have been put in the 15 minute QQQ chart and the Daily VIX chart which has been added to this update.
The Regular Scheduled Update for Monday Parts I, II, III and IV have been published. Within these updates you will find the key forward looking technicals the market has been showing in the S&P 500 Index and the Nasdaq 100 Index (NDX). The Monthly, Weekly, and Daily time frame ch...
The recent SELL SIGNALS ShepWave has issued have been followed by some moderate selling pressure. Are the U.S. Indexes close to a buying opportunity? See new triggers and targets in Friday's Update.
Those who have been following the recent trading signals issued by ShepWave should be doing well in the current market. We saw a key trend/support line broken last week.
The futures are down at this time. Dow Industrials Futures are down about 130 points below fair value as of 11:23 PM ET. I have received a number of emails from subscribers about 'what to do' in the current situation.
Those who took last week's mid term signal should be looking to ...
The Markets failed to sustain a rally Tuesday. Note the preferred Elliott Wave Theory wave count at this time. Also note the short and mid term potential trend lines we will be watching for any continuation OR reversal signals.
ShepWave.com wants your visit to our web site to be enjoyable, informative and secure. We have gone to a large effort to use the most advanced security measures to allow this to happen.
ShepWave.com promises:
1. We do not give out your telephone number, address information, or screen names, unless you authorize us to do so. And we give you the opportunity to correct your personal contact email address information at any time.
2. We will keep you informed, about what we do with your personal information, and we will advise you if we change our policy.