What Does a Fractal Look Like?
Wednesday, September 29, 2010
Tuesday, September 28, 2010
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
Thursday, September 23, 2010
Wednesday, September 22, 2010
Tuesday, September 21, 2010
Monday, September 20, 2010
Friday, September 17, 2010
Wednesday, September 15, 2010
Tuesday, September 14, 2010
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.
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
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?
Monday, September 6, 2010
Friday, September 3, 2010
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