Good weekend

Friday, January 16, 2009

Nice trading week. Hope that all of you made some money. I think today's movement after all was in a corrective wave (my stop was activated). So the last update was wrong. During this weekend i will update my charts.


SPX intraday update (Part 2)

For me this is a impulsive wave but i need more data to confirm that. Good lock with your trades.


SPX intraday update (Part 1)

My two cents for today. I'm short since 858 :P. I think this is wave (b) of the ii but this pattern is more impulsive that corrective. Below 832 points i think thats better stop the longs to see what happens.


DAX daily update

The count of DAX and SPX are similar, so we began today this wave ii.


SPX daily update

Now we began this countertrend (wave ii) but i need more data to resolve this puzzle. However, I think this wave ii final target could be between the 50% or 62% of Fibonacci.



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