ShepWave.com
ShepWave Pre-Market / Intra Day Update for Tuesday.
by ShepWave.com
Posted: 11/2/2009 21:54 EST
A day or two more of similar volatile action as we saw Monday would not be a surprise. But, the mid term trend should begin to pick up steam very soon. Pay close attention to the recently shown triggers and targets. The next mid term move could be very quick, possibly just a matter of a few weeks.
Notice the critical trend line ShepWave has been showing was possibly re-tested Monday for the SPY (SPX). Pay close attention to the Wave Action, there are many different possible Elliott Wave Theory wave counts, we are mainly looking for confirming impulsive wave action to show clarity.
Log In at www.shepwave.com for Tuesday's Pre-market / Intra Day ShepWave Update.
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