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.



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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
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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 WallStreet.

http://www.cnbc.com/id/15840232?video=452808336

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