ShepWave Stock Market Technical Analysis. Elliott Wave Theory

The S&P 500 closed out the week last week sitting exactly on its 50 week moving average. The S&P also hit exactly a Fibonacci 61.8% correction from the rally which began in March. Is this a buying opportunity? In tonight's update I show some potential trade set ups for this next week. This should prove to be a very interesting week. ShepWave will be looking to enter Short Term QQQQ and SUNW trades Monday Morning. I show the potential short term trade set ups in tonight's update. I will be doing Intra Day Analysis ALL DAY MONDAY. So keep checking back throughout the day to get chart and analysis updates. ShepWave has published Three Updates this weekend showing technical analysis, targets and trading strategies whether you are a short, mid (swing) or long term trader.



Go to http://www.shepwave.com/





Purchase a Subscription to Shepwave.com


Sign up or add Three months to your subscription and get a free two week extension. Sign up or add Six months to your subscription and get a free Month extension. This offer ends Sunday August 5, 2007 at Midnight




ShepWave offers the Services listed below for Less than $20/Month



Short, Mid and Long term Trading Analysis with Trade Entry Signals, Strategies, and Targets Regular Scheduled Updates Published by Market open on Monday and Thursday's. Intra Day Updates for QQQQ, DOW,S&P 500 and selected individual stocks most every day. Our purpose is to not only show potential trade set ups and the management of those trades but to TEACH objective disciplined methods of trading for any time frame. QQQQ Trend Trading. QQQQ Options Timing Dow Industrials, S&P 500, Nasdaq Indexes, QQQQ, DIA and Selected Stocks Analysis Email Notification of reports and trades if desired




Below is the link to watch the Cramer show. Entertaining to say the least. This was sent to me by a subscriber. Cramer: Bernanke, Wake Up Mad Money host Jim Cramer makes a passionate plea to Federal Reserve Chairman Ben Bernanke to consider cutting interest rates and, in turn, help the market and the people who are losing their jobs on Wall Street.http://www.cnbc.com/id/15840232?video=452808336





Trend Trading, Trend trading stocks, market trends,stock trends,stock market technical analysis, stock market timing,qqqq, qqqq options, qqqq trading,options, options analysis,stock options, trading options,trading stock options ,stock market technical analysis