SPX - by moguita - update
Thursday, September 30, 2010
I like this count ;))
Now it must fall...
Good luck
SPX - by moguita - update
Wednesday, September 29, 2010
Had to change the place of that 4, since we went nowhere since yesterday's update
Maybe we still have some more ZZ in this 4, but i think you get the picture
Good Luck
SPX - by moguita - update
Tuesday, September 28, 2010
Counting this as a triple ZZ expanded diagonal. On horrible numbers in consumer confidence the market just rally...is this optimistic?
Good Luck
SPX - by moguita - update
Monday, September 27, 2010
This is my long term count. I think market will try to test the upper band, but it's possible that this is already done
Still not confortable with the count in that messy sub-wave, but let's put this one and wait what market thinks about it. One possibility is that we are now in blue iv
As i say before, this iv could be a 4 diferent from the degree i had put in this chart. I start to see possible negative divergence in RSI in daily bases, for that reason i say this is minuete iv...for now
Good luck
SPX - by moguita - update
Thursday, September 23, 2010
Keeping the bear count that presented yesterday.
It must fall hard if this count is correct
Good luck
SPX - by moguita - update
Wednesday, September 22, 2010
Not too confident, but let's see what tomorrow will bring us
Good luck
SPX - by moguita - update
Tuesday, September 21, 2010
The 2 final micro-waves that i was expecting yesterday may had finish. Still need to break 1122 for confirmation
Good Luck
SPX - by moguita - update
Monday, September 20, 2010
Back to counting.
The never ending story goes on. The thought of a wedge went down the toilet, now it looks like a channel. Only below 1122 we have a confirmation
Good luck
SPX - by moguita - update
Friday, September 17, 2010
follwing my last update, this has all the signs of a perfect wedge.
Let´s see what the day brings
Good Luck
SPX daily update
I'm still on holidays (until the end of the month) but today Moguita can't show his charts. So, Decided to update my charts.
Resuming these last days... everthing still the same!!! My last two charts (long term and short term) are still developing.
During the next days I expect some pullback and higher bear pressure (red is my alternative berish count).
SPX - just a thought
Wednesday, September 15, 2010
The truncation is dead, Filipe's happy ;))
Mr Market is keeping it hard to count, so today i have no count just this thought
Good luck
SPX - by moguita - update
Tuesday, September 14, 2010
Following last night update...we just hit the neck line, now it must hold
Look's like a never ending story...
last move up seems a 5 wave up, so it may finished truncated...time will tell
Good luckl
SPX - by moguita - update
Monday, September 13, 2010
Since this move up doesn't look like a micro II, so i had to change my long term count. I changed this last move to a C of 2
So this is my count for the moment. We still are in the field of a false inverted H&S.
Good luck
SPX - update
Thursday, September 9, 2010
Filipe's on hollidays...again...grrr
I think this is the way he's counting this move
And this is the way i'm counting. We can still have one more push up but that should be it.
There are a lot of possibles H&S and inverse ones, in hourly and daily bases, someone has to give up.
EUR/USD is pointing down, so i'll keep my count as a primary one
Good luck
EUR/USD
Tuesday, September 7, 2010
today's action make me belive we are ready for the big fall. We may get a little rebound till tomorrow, but then this market should bring reality to us.
Today we were able to know that several banks in europe just "forgot" to mention 70% of the debt from south countrys when they were subject to the stress test... LOL... for those who belives this test were serious...
In Portugal we just thanks that ECB will keep lending us till 2011. We and the spanish, and the irish, and the greeks, and...
We know that if there's no ECB we just were in default, so i think: is there fundamental's that suport a big move down in EUR? I say: are you serious?
Good Luck
SPX daily update
Monday, September 6, 2010
After 3 days of rally I expect some "small" retrace at 108x's-109x's area. However the bears must be cautions cause, at short term (at least), maybe the trend just began now!
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SPX daily update - Big Picture
Friday, September 3, 2010
After yesterday rally and following my last chart, decided to take some time to look at the big picture. To get serious at the bearish case (moguita's count) it's need some strong sell off very soon and the 107x's must be broken very hard! For now this is just a dream so my primary and alternative counts favour the bull case.
If you believe the bear case, Moguita send me his last chart (nothing changed since his last update).
SPX - by moguita
Wednesday, September 1, 2010
Ok, last run up doen's fit in last update. So we must change to an alternative count.
This one is my prefered (for now) since in DAX we can count a perfect 12345 from top.
Now, for this count to be correct we can go a litle litle litle bit up and then fall hard
PS: had no chance to talk to Filipe today and don't know what he thinks about this
Good luck
SPX daily update
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