SPX intraday update (Part 4)

Tuesday, September 1, 2009

Welcome Mr. Red!


SPX intraday update (Part 3)

Finally a good sell off to confirm the beginning of P3. The final confirmation sets SPX below 970. Until SPX remains below 1027 i will keep it as my primary count.


SPX intraday update (Part 2)

My two cents for this afternoon.


SPX intraday update (Part 1)

Since Friday highs we have only one clear impulsive wave (this morning). However i see this impulsive wave inside a corrective wave. I don´t trust in this downside and you?

P.S. Please vote at my poll to know what you think about it!

EDIT: This don't seems wave iv as i show in my last chart. Below 101x's my 2nd alternative count is underway.


SPX daily update

My primary count was invalidate and cause of that i change the targets of P3.

Next i will show two alternative counts and their problems....

1st alternative count:

2nd alternative count:



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