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.
PH

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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.

Regards
PH

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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.
PH

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