SPX intraday update (Part 1)
Wednesday, August 12, 2009
The Million Dollar Question....WTF SPX is doing?????
The Million Dollar Question....WTF SPX is doing?????
Triangle or another different pattern? For now is better control the trend line (green line) and see what happens. Despite my doubts this is my primary count and the triagle the alternative.
These last 2 weeks were label by total messy waves. For now only can wish less corrective combinations. Despite all alternative counts i prefer to count the beginning of this wave ii or b with the last higher high (1017). So i expect at least one week of correction until the 95x's.
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