Elliott Wave Theory stock market technical analysis. Major U.S. Indexes.
Specializing in QQQQ and the DIA analysis and trading. QQQQ and DIA Options trading.

Register FREE
Subscribe to Service
Your Subscription

Shepwave BLOG
Mission Statement
Testimonials
Links and Info
Contact Information
Registration Services
Home Page

Shepwave Elliott Wave Theory Tutorial


Search Engine Optimization and Free Submission

Go Ezines
Ezine Directory - Find ezines, ezine trades, ezine advertising, articles, tips and advice about ezines at the Ezine Directory.

ShepWave's BLOG
Login: Password:

ShepWave

ShepWave.. Blame it on the FED Update. Are you positioned (Archived Update from May 9)
by ShepWave.com
Posted: 7/29/2006 00:21 EST

 
 

ShepWave.. Blame it on the FED Update. Are you positioned
Posted: 5/9/2006 3:14:05 PM

I am writing today's update to show the current forecast for the markets.  Will the 'FED' cause a sell off?  Who Knows, is the answer.  Investors and analysts have many 'news' items to blame any action of the markets on.  ShepWave shows technical evidence to give clarity to the action of the markets.  Are you positioned for the next potential 30% move in the indexes? 

CHARTS REMOVED

The 30 minute chart of the Dow Industrials to show that even this time frame is showing bearish divergence.  Is the market waiting for the FED meeting Wednesday before a decision is made?

No charts for the NDX today.  Refer to the recent updates for the Nasdaq 100 indes.

CHARTS REMOVED

The 60 minute chart of the S&P 500 index above shows curent bearish divergence.  The daily charts are still a bit muddled.   Maybe they too will clear up tomorrow.

 

Bottom Line:  If you are counting on a FED rally tomorrow you 'may' not get it.  A brief up tick to register new multi year highs is entirely possible.  The risk of the market turning and going down is imminent.  ShepWave is Positioned to take part in the next move.  We have entered aggressive positions.  Trade Confirmations will be shown for the Conservative Cautious trader as they occur. 

Shep

 

 


Common key words for shepwave search: qqqq, qqqq trading, qqqq analysis, qqqq quotes, nasdaq 100, elliott wave theory, qqqq options, stock market, trading stocks, qqq, trading options,dia, dia analysis, dia quotes,dia options, qqqq timing, dia timingmarket timing,dia trading

48....6..23

55.....8....12

57....9...16....59......9.....22....61......10.....8 

66......11.....16     69....13.....16    72....14....15 

83....20....12

96....26....16

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 QQQQ and DIA.

XML Feed

Previous Entries
ShepWave Pre-Market / Intra Day Update for Tuesday.
ShepWave Regular Scheduled Update for Monday Published.
ShepWave Pre-Market / Intra Day Update for Friday.
ShepWave Monday Updates Published. Are the Outside Down month patterns in the indexes an ominous sign for U.S. Markets?
ShepWave Pre-Market / Intra Day Update for Friday Published.
View all entries

About my BLOG

< February 2010 >
Su Mo Tu We Th Fr Sa
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28            

Search BLOG For:
Search titles only

Post back your comments
What do you think of this blog entry? Post back your comments and let us know.

Review comments

Powered by: SPEEREC, LTD.


Common key words for shepwave search: qqqq, qqqq trading, qqqq analysis, qqqq quotes, nasdaq 100, elliott wave theory, qqqq options, stock market, trading stocks, qqq, trading options,dia, dia analysis, dia quotes,dia options, qqqq timing, dia timingmarket timing,dia trading