SPX intraday update (Part 4)

Tuesday, September 1, 2009


Welcome Mr. Red!

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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.

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SPX intraday update (Part 2)


My two cents for this afternoon.

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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.

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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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