SPX daily update

Thursday, July 23, 2009

What seems to be an ending diagonal is now a blue wave 5 developing in full power...

I think that 1000 points will be attacked next week in conclusion of red wave 1.

Best to your trading.


My view from 666 low

This is my count from 666 low. I made it yesterday since i was about 3 months away from the markets. I'm a very simple counter, the simplest explanation tends to be the most correct.



Wednesday daily SPX update

Hello! Waves are overlapping. Examining the CFD's 10 min chart we can see series of abc´s that suggests a blue 5 developing in ending diagonal. This is consistent with the 956 false break scenario. One more push higher and market should retrace for a red wave 2.

Have a good trading day.



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