Elliott Market Waves: 11/01/2010

Tuesday, November 30, 2010

After all, with yesterday action, seems SPX is forming a triangle. In my primary count the triangle is still incomplete.

Monday, November 29, 2010

Irregular wave B of principal wave iv finished at 1200 points.

Thursday, November 25, 2010

Consolidation time! Possible simple correction or triangle underway in this wave iv.

Wednesday, November 24, 2010

1-2 1-2 or some kind of triangle? Don't think the blue count will prevail

The only way the blue count could prevail is that this move down was a A of some kind of triangle to complete the iv wave. I don't buy it.

For now i'll keep the II wave as a running flat.

Good Luck

PS: just want to say god bye to an "old" friend that left us. Rest in peace my good friend Joaquim Magalhães. You will allways be in the heart of those who had the pleasure to met you

SPX daily update

Monday, November 22, 2010

Following my last medium term update I expect some laterization during the next days! After that SPX shall be made new highs.

EUR/USD

Sunday, November 14, 2010

Finally some time to put a decent update.
The red is my primary count. The blue one is the bull option. It could be an ABCDE and now we are finishing the "D".
Either way i expect a move down and expect new lows.

The blue line is the limit for the bull count

This is the short count. The next move could bring 1,39's

Good Luck.

PS: till the end of the year, i will have little time to update the count. But i'll try to put an update at least one time for week

Forex FreeWeek is Live at EWI

Thursday, November 11, 2010

Forex FreeWeek is now live and ends next Thursday, November 18 at noon EST. They are giving away full access to our intraday and end-of-day Forex forecasts via free access to our Currency Specialty Service.

FreeWeek also has many Elliott wave resources that appeal to everyone, including the Subscribers-Only Message Board, a weekly video update, The Basics of the Wave Principle 90-minute video, and subscribers-only reports.

P.S. Still keep my last SPX update as the primary count!