ShepWave
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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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ShepWave Friday's Pre-Market / Intra Day Updates. ShepWave Subsciption Specials are ENDING.
by ShepWave.com
Posted: 7/8/2011 08:42 EST

I have to chuckle. I have been watching CNBC and liistening to their discussion about the Jobs data coming out this morning. Beware of listening to Economists and Stock Pundits. Follow strict technicals. (Most of you who have been with ShepWave for any length of time know I "rarely" watch CNBC, with the sound up anyway.)

Watch Crude Oil. Review the notes in the Special Morning Update.

Also follow the triggers and targets for Gold, Silver and the VIX.

Watch TRIGGERS and TARGETS!

Also, regarding the trading of this potential gap down open. We have a POTENTIAL ONE DAY ISLAND PATTERN. See the important technicals regarding this type of pattern.

Read the very important Pre-Market Notes for this morning's ShepWave Update at www.shepwave.com


Additional Pre-Market Notes published at 9:11

Watch the technicals. Do not be fooled.

Trading gap opens can be very tricky. SEE GUIDELINES in this morning's Updates at www.shepwave.com


9:42 Intra Day Update. VERY IMPORTANT

New SHORT TERM TO MID TERM target areas are shown. Read the notes in today's charts very closely. Watch the important technical information shown in the Special Update for this morning as well as the intra day updates. The action in Crude Oil should be watched closely if you are trading equities. We have been going over this concept for months (if not years).

Log In at www.shepwave.com for Today's Intra Day ShepWave Update.


10:08 Intra Update

Markets are off of their lows. The DOW and SPY have hit their initial targets. So, the question is "IS THIS A BUYING OPPORTUNITY?" Follow the technicals at all times. ShepWave always shows both sides. The Technicals will dictate the trade. Always stay objective and disciplined.

Again, do not forget to be watching the action in Crude Oil.

Log In at www.shepwave.com for Today's Intra Day ShepWave Update.


10:30

Watch those trigger and target areas please. See, trading is easy when you know what to what to watch.

Keep watching Crude Oil. Stay disciplined and objective. Do NOT ever, as a trader/ investor, let your emotion get the better of you, even if you are making a lot of money.

Log In at www.shepwave.com for Today's Intra Day ShepWave Update.


The Special Update that was published last night has been updated.

In this Update we covered, GOLD, QLD, SLV, the VIX, and Crude Oil. This update has some information. There was no need to add many notes, the issues covered are trading exacly as we had expected them to. Pay close attention to the Triggers and Targets.

Log In at www.shepwave.com for The ShepWave Special Update for Friday.


11:24 Intra Day Update.

Log In at www.shepwave.com for Today's Intra Day ShepWave Update.


12:00 IMPORTANT UPDATE.

Can the markets rally into the close? Traders pay close attention to the triggers in this update.

Log In at www.shepwave.com for Today's Intra Day ShepWave Update.


2:00 IMPORTANT UPDATE

Ok traders, please read the notes in this update closely.

Log In at www.shepwave.com for Today's Intra Day ShepWave Update.


2:50 Important Update.

The next hour is very important for traders as well as investors. Watch those trigger targets closely.

Log In at www.shepwave.com for Today's Intra Day ShepWave Update.


3:50 Update

End of day trading suggestoin here. Be careful but it could be good for a day or two.

Log In at www.shepwave.com for the Intra Day ShepWave Update.

 

The $99 One Year Subscription Special will end at 4:00 PM ET TODAY.

Reference: Shepwave.com is a technical analysis site for the Major U.S. stock indexes. We use Elliott Wave theory along with our proprietary indicators to give analysis for the Dow Industrials, Nadaq 100 and S&P 500 indexes. We specialize in trading the QQQ and DIA.
 
 
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