SPX daily update

Tuesday, June 2, 2009



My bear count was invalidated today (despite this i have another alternative count) so the bull count is alive. However after a rise of +-50 points in two days, i expect some correction at these values. Due the weak retracements it's hard to say if this first abc was finished but tomorrow with more data the picture will be more clear.
EDIT: I will not play the (bear) alternative but maybe the market want to fool everbody.

blog comments powered by Disqus

Post a Comment

Disclaimer

The opinions listed on this blog are of the author only, and shall not be deemed as financial advice, or any other sort of advice. All visitors to the blog should do their own research before making any decisions. This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses any one might sustain from the content provided. Author is not a registered financial advisor. Author does not engage in dispensing financial advice.

  © Free Blogger Templates Nightingale by Ourblogtemplates.com 2008

Back to TOP