Merry Christmas!!!

Christmas is not a time nor a season,
but a state of mind.
To cherish peace and goodwill,
to be plenteous in mercy,
is to have the real spirit of Christmas.
Merry Christmas to all!!!!!
 
We are seeing boring days and nothing new to add about my last update. However I decide to showed an alternative count at short time. As you can see the targets are very similar. 

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EUR/USD UPDATE

Good luck

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SPX daily update

Today i decided to extend a little bit more these bearish wedge, however the final target it's the same.  As  these last waves are to choppy, I will control both trend lines. Despite this, I think after the new year the bear will arrive again.

P.S. Until the new year I will be on holidays, but, don't worry, I will keep the blog alive.

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EUR/USD UPDATE

Not much to add since last update.

The trend is down, if my count is correct we still have much to go in the down side

Good Luck

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Good Weekend

Appear this year the bulls will don't have "presents for Christmas" and maybe will be the "last Christmas" to "them" for long time. Despite this, is time to celebrate and wait for the big bear!!

If these last weeks were choppy and boring, for the next  I expect the same pattern action until the new highs. Good weekend for all!

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SPX daily update

Since middle of November SPX is doing zig zag after zig zag and a possible bearish wedge or ending diagonal is underway.

Despite all alternative counts (we can made with these formations some diferent counts and today I decide to show 2 of them) the mayor pattern is underway and the top, for the big picture,  may will be between 1030-1050 points.
Mayor conclusion: For me SPX didn't already made any top. It's close but is missing some points (and for me some pacience). 

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EUR/USD daily Update

My 1º option seems to be in play. For now this is what i expect.

Good luck

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Soon the top may will resume!

Last nigth in Portugal occur an earthquake and I forgot showed this chart. Very soon a bigger earthquake will happen in the markets (already began in EURUSD).

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SPX daily update

Tired of these zig zag waves. This don't look wave iii of C since the 1085 so alternative count of the big picture is underway.

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