SPX daily update

Thursday, January 22, 2009

Another difficult and complicated day for the bulls. When everybody expected rises for today, SPX decided counteract. During all day i thought, everything's normal, despite the high retracement, but the reaction after the test of the 839 points made me think about it. For this reason i will show two possible counts and beware the possible triangle that can be being drawn.


SPX intraday update - Dangerous Channel for the bulls


DAX intraday update (Part 2)

DAX had done already the principal wave (A) and is doing the principal wave (B). Maybe this principal wave will be on 3-3-5. I don't think that this uptrend had finished.


SPX intraday update (Part 1)

My two cents for SPX.


DAX intraday update (Part 1)

DAX already made 5 waves so i think this is the wave (b) of ii.



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