Good Weekend

These last days were stressful for me. Fortunately everything was resolved. Now is timing to rest (I need at least one day) and tomorrow I will see where is SPX. Enjoy the sun and have an excellent week!

Today my weekend metal tribute goes to Destruction.

Destruction is a German thrash metal band. They are considered one of the "three kings" of the Teutonic thrash metal scene!

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SPX daily update

Filipe has no time, so i present you my vision on SPX
we should visit 1107/10 zone and then reverse. We are still in "fake inverted H&S" territory

edit: look at the the inverted H&S in red (ii) arround 1140...look familiar?
Good luck

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SPX daily update

Today decided to show two alternative counts at short term for SPX. Why? Cause DAX count. My primary count label perfect 5 waves and cause of that the odds suggest a rally in the next days. But why not another lower low tomorrow? Just in case, if this happens don't get in panic cause maybe the alternative count is in play! 

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DAX daily update

Something is missing on DAX. If tomorrow the channel is broken this maybe will be the possible count for medium term. Truly I'm not in love with this count and still prefer my last DAX chart!

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SPX intraday (Part 2)

By EW's maybe the trend at short term (at least) changed with today's lows. However the 107x's area will be also very important for this rally. We still are inside the channel anda below the MA50. Let's see what will happen until the close.

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SPX intraday update (Part 1)

SPX is testing again MA50 (hourly) and since the lows maybe is labelling a triple zig zag. For now I can't count impulsive waves since the lows.

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DAX intraday update (part 1)

DAX may have some delay comparing with SPX.

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SPX intraday update (Part 1)

Wave v underway. Possible gap down and reversal candle today. Let's see what will do the bull at these values. Charts latter!

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EUR/USD UPDATE

So far so good. I'll keep the weekly count as my primary one

Good luck

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SPX intraday update (Part 2)

Possible ending diagonal in last wave c of e with target at +-1092.

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SPX intraday update (Part 1)

Following my primary count (bearish option), at short term, this is how I'm labelling theses waves.

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SPX daily update

Here's my chart with the both options (green - alternative count) following my last post from friday.

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Good Weekend

This weekend my tribute to the "old school" heavy metal bands goes to Celtic Frost!

Celtic Frost is a heavy metal band from Switzerland. They are known for their heavy influence on the extreme metal genres, particularly black metal. The group was first active from 1984 to 1993, and re-formed in 2001.
Their more influential recordings were 1985 "To Mega Therion" (1985) and "Into the Pandemonium" (1987).

These albums were some of the pivotal LPs for underground metal and inducted a new and more varied sound. Celtic Frost, along with Venom and Bathory were pioneers in the underground black metal scene, although Celtic Frost were much more experimental with the addition of classical instruments, operatic female vocals and sampling.

Good weekend to all and don't forget to support this blog making your self as follower!

P.S. During the weekend I will do the SPX charts update with some changes cause these last two days action seems more 4's, 5's and 4's waves (The SPX cash had a perfect channel to the downside and the odds suggest at least one more low for the bear case. For my alternative count (bull case), since the 122x's highs SPX finished today a double zig zag).

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SPX intraday update (Part 1)

The trend is your friend. Nothing until now to worry the bears. I say down SPX will go cause since the lows I only count a simple abc!

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SPX daily update

Two different counts with small differences. On the next days I will not expect strong rallys cause at short term seems the bull is dead!

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Time to hear the BEAR!

Do you hear the roar of the bear???? NO?!!! So listen the music cause the sound is similar :)!

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SPX intraday update (Part 3)

Despite de new lows as I showed on my last chart, my alternative bullish count was invalidated. The trend still down and alternative (bearish) count still alive. My primary count (bearish) also was invalidated. As I said erlier... all decisions (at medium term) were made today! Charts latter!

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SPX intraday update (Part 2)

Possible count following the bull case.

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SPX intraday update (Part 1)

Today is the day of all decisions!!!
The bears will need a good sell off. The bulls will need to close this gap and a daily reversel candle! Let's start the game :). My last 3 charts are still valid.

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SPX daily update

The bears need more strenght to eliminate the bullish alternative count. Until friday maybe everthing is decided!

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SPX intraday update (part 4)

Didn't like this downside since the today high's. At cfd's seems an abc and spx (cash) may had finished wave i of iii of iii at today's lows.

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SPX intraday update (Part 3)

Same trendlines to follow at short term.

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SPX and MAE's (Intraday update Part 2)

Principal conclusion: At short term, below the 117x's SPX is at bearish mode! Last higher high made yesterday (+-1148) will be important for the both sides.

Good lucy to all!

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GBP update

Following my medium term count, GBP may will have at these values some retrace (green count is my alternative bullish option).

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SPX intraday update (Part 1)

Following my primary count at medium term SPX is labelling wave ii of iii of iii of A.

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EUR/USD update

Nothing new to add, just adjust of the projection lines (see previous updates)
In the daily chart you can see an alternative count (yes...even more bearish)to this iii, but for now is just an alternative count.

Good luck

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SPX intraday update (Part 3)

Nice impulsive waves since the top. Latter will show the charts on cfd's. Forget my last chart cause future already broken the support trend :). Welcome Mr Bear!!

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SPX intraday update (Part 2)

Something to think latter!

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SPX intraday update (Part 1)

Possible ending diagonal underway with target at 1145-1147 (wave e underway).

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SPX intraday update (Part 4)

Primary short and medium term counts.

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SPX intraday update (Part 3)

Possible 5 waves already finished. Possible rebound soon.

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SPX intraday update (Part 2)

Some different options to keep in mind.

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SPX intraday update (Part 1)

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SPX daily update

Following the bearish and bullish options, at short term my primary count suggest wave iv still underway (red count). Despite this, another alternative counts (orange and green counts) are possible.

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GBPUSD Update

New lows at GBP deserves a quick chart since my last update.

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Good Weekend

Another week finished... another triangle failed :(. Despite this I will keep the last update as primary count (wave iv underway). During the weekend will try to show another alternative counts :P.

Following my metal tribute, this weekend the chosen are Slayer! Slayer was formed in 1981 and are regarded as one of thrash metal pioneers. On other hand, in the beginning due the lyrics they give also more strength to the (new) black metal style. This classic clip it's just amazing!
Good weekend to all and stay heavy!

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SPX intraday update (part 2)

Possible count at short time (bearish case) at SPX (cash). This count was made by moguita and I agree with that. Thanks my friend :).
P.S. Don't forget you can have the lastest Prechter's research and analysis HERE!

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SPX intrady update (Part 1)

Stay until now with out internet :(. Yesterday, possible wave 1 or A (bullish case) or wave 2 (bearish case) finished with a truncation. Now SPX is on wave 2 or B (bullish case) or wave 3 (bearish case). Latter will try show my charts (Let's see if these internet problems finished today) .

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SPX intraday update (Part 2)

Possible triangle underway.

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SPX intraday update (Part 1)

Possible wave c of y (bearish case) or wave v (bullish case) underway!

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SPX daily update

Some serious problems with my internet connection turn impossible any update during these 2 days. About the markets, everthing still possible and cause of that decided to show 2 different options.

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EUR/USD UPDATE

Well, i tried to correspond the colors and numbers in all the charts so you can se the large count in "zoom in".

I know this is a very bearish count, but...It's hell in Europe...how do you solve the problem of excessive debt? You raise the debt in 750 billion!!! LOL

If u asked same question to a children i think it would respond: if my dad don't have money i can't have toys.

But what could a children know? This guys are the best in the best, the elite...the...

We are in big doodoo!

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SPX daily update

Following my last update, these are my preferential counts at short term.

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SPX and the big picture!

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GBPUSD Update

Just a simple update for GBPUSD since my last EW's count suggested new lows. Despite this, at short term it's still something missing to the downside.

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Good Weekend

This weekend decided to tribute one of the best heavy metal musicians of all times... King Diamond!

He's considered as one of black metal pioneers with his band Mercyful Fate (everybody knows at least one song from "Guitar hero"). However they are also cited as major influence by many artists in the thrash metal, power metal and progressive metal genres.

After the split up of Mercyful Fate he created his band and began to focus horror stories on his albuns . Since 1986, each of the albums contained a story told throughout the songs and some stories span more than one album. I started to enjoy heavy metal listening him at 80's... Thanks King for everthing...!

Good weekend to all and don't forget you can have the lastest Prechter's research and analysis HERE!

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That's the headline Robert Prechter gave to his just-published Elliott Wave Theorist.

Great News for ALL our readers - You can read that entire 10-page issue right now -- for FREE! Get it now!

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SPX intraday update (Part 4)

The waves on SPX cash are more clear. Possible triangle in this wave iv (thanks moguita for tell me that :)!).

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