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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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1. ShepWave Pre-Market / Intra Day Update for Friday Published. Island Reversal worked out well Thursday...Now What? 1/29/2009 11:36:11 PM

Thursday we saw the One Day Island Reversal pattern we were looking for play out well.  Read the important notes in tonight's update concerning Thursday Morning's gap.  Remember we also saw a One Day Island Reversal at the Highs of January earlier in the month.

GDP comes...


2. ShepWave Critical Updates Published. Stock Market Rally still in play? OR reversal coming? 1/28/2009 11:53:17 PM

Two Critical ShepWave Updates have been published.  Does this rally have further to run?  OR are we set up for another Island Reversal like we saw at the January Highs?  Will the 200 Month Moving Average bet hit on the S&P before we see the return of the BEAR? 



3. ShepWave Update Published. Did the markets see a key reversal Monday. New recent lows on the way? 1/27/2009 12:44:55 AM

See confirmation triggers, possible Elliottt Wave Theory wave counts and targets in tonight's ShepWave Update.

Are markets back in RALLY MODE?  Can the Fed actually 'save' the markets?

Go to www.shepwave.com...


4. ShepWave Pre-Market / Intra Day Update for Monday Published. Exhaustion Gap Down coming to indexes? 1/26/2009 2:42:42 AM

The US Futures are showing some volatility this evening.  Remember, be careful Selling IN to a gap down open.  There are certain times when selling in to a gap open is a 'wise' action, but most times the gaps tend to fill. 

The odds of an Exhaustion Gap are ve...


5. ShepWave Special GOLD/GLD Update Published. Gold headed to new highs? 1/25/2009 9:08:58 PM

A special update concerning GOLD and GLD has been published.  It is important to take in to account the trend channels and key trigger targets on different time frames.  While we have possibly seen some bearish overlapping waves since the October 2008 recent low for Gold, if the trigger...


6. ShepWave Regular Scheduled Update for Monday Published. Big Market Moving Coming this next week? 1/25/2009 2:29:44 AM

Last week the indexes ended in the red.  The Dow Transportations index was down over 5% for the week.  But as noted in the intra day updates the wave action was a bit muddled for the short term.  We need to pay close attention to the targets and key areas as shown in tonight's upda...


7. ShepWave Pre-Market / Intra Day Update for Friday Published. Markets Setting Up for a 20% move which could transpire over just a few day period? 1/23/2009 12:35:49 AM

The markets are most likely setting up for a big move.  Note the confirming trigger points as shown in tonight's update. Also, note the suggested Stop/Loss areas for cautious traders.  But, the bottom line is, in my opinion, we should be getting a big market move soon; possibly...


8. ShepWave Updates Published. See Short, Mid and Long term targets for indexes. 1/21/2009 11:37:46 PM

Impressed by Wednesday's rally?  Be careful.... remember that bear market rallies, while sometimes fierce and quick and very profitable for short term traders, can be a trap for 'most' traders.  But, 'was' Wednesday's Rally a 'bear market rally' or the 'real thing'?

The Reg...


9. ShepWave Update Published. Fibonacci Extension and Retracement targets. Will the DOW regain the 9,000 mark? Can it stay above 8,000 for long again? 1/21/2009 12:35:45 AM

Since our SELL SIGNAL last week from the one day 'Island Reversal' we have seen the indexes sell off a bit.  Pretty much a 'no brainer'. But remember markets don't go straight up or straight down.  In tonight's Update you will find some additional VIX (Volatility Index for NYSE) trigger...


10. ShepWave Pre-Market / Intra Day Update. Dow going to below 8,000 for good? 1/19/2009 11:03:46 PM

The Futures are down a bit as of  10:45 PM ET.  But don't be fooled.  Watch the important target and trigger confirmation points as shown in Monday's Regular Update and Tuesday's Pre-Market Update.  We could be seeing some big market moves; but be careful, and watch for confir...


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