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.
I happened to tune in to CNBC this morning around 7:00 AM. East Coast U.S. time. The morning team had some 'technicians' on the show saying to NOT worry about the recent selling in the indexes. They said there were NO real reasons to be concerned; that no real trend...
I guess when I said that the charts were indicating a 'no brainer' trading opportunity last week it was a bit of an under statement. Today's markets are speaking loudly in confirming the 'outside down' week we had last week. The 'no brainer' opportunity should be with for ...
I am publishing this morning's update to show some alternate counts for the current wave 2. See targets in today's update. Long Term Traders and investors are currently positioning to profit from the upcoming mid to long term trend.
I was lying in bed and it occurred to me that maybe I should have NOT put the potential targets for a wave 2 bounce in the email that went to Non-Subscribers. Doing that without shwoing trading entry disciplines and strategies to protect the position was wreckless of me.
This morning's entry was a good one. At this time the position is in the black 20%. Remember these are JULY contracts. We are looking for a 200-300% profit. Ideally we will close out by mid June at the latest. Still...
ShepWave has re-entered an OPTION trade for the QQQQ Today. July Expiration. Potential 200-300 % profit. The charts are speaking very loudly, I didn't want to miss this trade opportunity. This is an aggressive trade. Be sure to read the Th...
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