SPX daily update
Tuesday, November 10, 2009
Expecting some (at least) pulback until the close but this not happen. So I change my count , at short term, cause normally I like count this waves with gaps (cash), without any decent retracement and any negative divergence as waves iii.
At short term the bulls are in control and seems a double top is possible. If SPX made new highs the odds suggest SPX is doing an irregular abc and the shorts could be covered at wave C (alternative count).
At short term the bulls are in control and seems a double top is possible. If SPX made new highs the odds suggest SPX is doing an irregular abc and the shorts could be covered at wave C (alternative count).
