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).
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).
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.
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