DAX intraday update (Part 2)
Tuesday, June 30, 2009
Need more data to have more confidence in this count but until now seems nice.
SPX and DAX intraday update (Part 1)
These waves are very messy (cause of that i prefer don't show any chart) but i think my last updates still valid and correct. So for today, i expect a nice pullback, but before that, is still possible SPX and DAX do new highs (see my possible targets on my last updates).
Read more...SPX intraday update (Part 1)
Monday, June 29, 2009
Corrective and confusing waves but my target still the same.
DAX intraday update (Part 1)
Maybe is missing one wave and DAX will test the 61,8 % of Fibonacci. Already short DAX.
SPX and DAX intraday update (Part 1)
Possible final targets for this wave (ii or b):
SPX 925-930 and DAX +-4900.
Good Weekend
Saturday, June 27, 2009
Time to rest and enjoy the life. I will go to the beach and relax with my friends and hope you do the same or do similar things. Have a great weekend!
SPX intraday update (Part 2)
Friday, June 26, 2009
Choopy and corrective session. Hard to count these waves but seems good this count.
SPX intraday update (Part 1)
As i said in last Dax update this wave don't seems impulsive. Possible wedge is forming in SPX.
DAX intraday update (Part 1)
Beautiful patterns inside this corrective wave.
P.S. Nothing new to say about SPX.
SPX daily update
After this terrible day (stops fit for days like these) only see two alternative counts. I will enter short again at 928-935 points and the keystone is the next pattern to the downside (will be impulsive or corrective??).
SPX intraday update (Part 1)
Thursday, June 25, 2009
Today was a hard day of work and in the markets. So my primary count is not valid and for now this is my primary count. However don't forget my bull count (I will update latter the both charts).
SPX daily update
Until now for my primary count everything is alright but tomorrow we need a true sell off (before this, maybe the bull will try conquer the 91x's).
SPX intraday update (Part 1)
Wednesday, June 24, 2009
Seems SPX is in wave 3 of C of (ii) of iii. Maybe the top is on 912 points.
EDIT1: Maybe SPX is already in wave 4 of C of (ii) of iii so the 912 points to a final target of this wave seems until now preety good.
EDIT2: 5 waves down since 910 points so new impulsive wave began. Stop at the today highs.
SPX daily update
My primary count still very nice but we must vigilant and prepared for possible alternative counts. So, in general the EW's shows:
1) If SPX do another lower low with out today's higher high the odds favor this choppiness, since yesterday, was wave iv of (i) of iii (triangle) and still valid at same order my alternatives counts (see my yesterdys charts);
2) If SPX do tomorrow another higher high the odds favor wave (ii) of iii until 912 points;
3) If SPX broke the 912 pivot the odds favor my bull case or ultra bear case (see my yesterdys charts).
P.S. I hope continue to improve the blog with your support so if you like this you can being part of this community as follower and/or click on "it" you know what's "it":))).
SPX intraday update (Part 2)
Tuesday, June 23, 2009
No time to show any chart and for now is to hard to fit this wave in the big picture. However seems all corrective and maybe, since the lows, is doing a double zig zag.
EDIT: Possible triangle and if is activated new lows will be made.
SPX intraday update (Part 1)
In cfd's charts seeams an wedge or an triangle so appears wave iv is also almost finished :).
SPX daily update
Today i show 3 different possible counts for SPX. I truly believe more in the bear or ultra bear case but at same time i will respect the bull case as i see alot oversold indicators.
SPX intraday update (Part 2)
Maybe wave iv will arrive soon so i close my shorts. I will try enter short again at 910-915 points.
Read more...
Good Weekend
Friday, June 19, 2009
I expect a bloody monday and a gap down for SPX cash next monday cause seems wave ii or b already finished.
For now is time to rest and refresh my mind. Good weekend for all and my video today are from my friends Moonspell as i want see next week some blood and despair in the markets.
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SPX intraday update (Part 3)
Alternative count. Despite this, i don't play with these minor waves. Hope already all of you are in (and short) :).
SPX intraday update (Part 1)
Looks like SPX is on wave iv of v of C (Y) of II. So maybe the top of this wave II will be between 928-930 (cfd's value).
Read more...
SPX daily update
Despite my alternative count i think we are in wave ii doing a double zig zag finished between 925 and 930 points.
SPX intraday update (Part 3)
Thursday, June 18, 2009
This is my alternative count. Just for keep in mind this possibility.
SPX and DAX intraday update (Part 1)
Choppy morning and only can see abc's followed abc's. So this can be yet wave iv of i or wave b of ii. Very difficult to have certainty at this moment.
Read more...DAX daily update
This is my preferencial count for dax. I have some doudts when began this downtrend but soon i have the answer.
P.S. On SPX the last count until now seems perfect so i don't made new chart.
DAX intraday update (Part 1)
My primary count for dax. Latter i will show the big picture since the March lows.
SPX daily update
I remain suspicious of this decrease, due the bear case have some problems like possible truncation on cfd's (and futures) and for other hand the wave Y was to small for me (if i count since the March lows like 12345 waves, as i showed last night, this problem disappears). Because of my suspicious i recovered my shorts at the end of the session. The next upside pattern will be important to clarify my counts.
P.S. It's possible wave v is not over yet but i not expect a large drop since the closing session.
SPX intraday update (Part 1)
Tuesday, June 16, 2009
Still count in spx cash and seems we are in wave 3 of 5. Any rebound to 920 i will considerate like wave iv of v (stop at 923,64).
SPX daily update
Sorry guys i had a difficult day and didn't had time to do any update during the day. Today was a perfect day for the bears but i'm flat cause everthing still possible. The patterns are alot confusing and hard to count in cfd's. So i showed two different counts on SPX cash (bear and bull case). Despite all, tomorrow i expect another lower low and then let's see what the bulls will do.
Good Weekend
Friday, June 12, 2009
As everyone knows I'm on holidays this week but despite this i updated my charts every day. If you worked this week hope you enjoy this weekend to relax, go to the beach and drink and eat well. Life is very good and i'm feeling alive :))).
SPX daily update
Everthing clear and all right for now. Maybe this wave C could finished between 990 and 1000 points. Let's see how wave iii will develop.
DAX intraday update (Part 1)
Thursday, June 11, 2009
Similar count for DAX. no change nothing in the big picture. New highs are coming.
DAX daily update
Not change nothing in DAX, despite the confusing intraday patterns. 5300 points here we go!!!!
P.S. Corrective patterns sucks :(((!!!!!
SPX daily update
I expected new highs very soon despite the confusing patterns. This time i give two alternative counts but for now i prefer the triangle.
DAX intraday update (Part 1)
Wednesday, June 10, 2009
Maybe is missing one simply wave to complete this wave A of P2.
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