EUR/USD - Alternative (ultra-bearish)
Friday, February 19, 2010
I don't have a price target for this (3) because this cenario is on the table.
Good Luck
SPX and DAX intraday update
New highs may will be made despite my last update (sorry guys I didn't have time to confirm some counts). Seems is missing one last spike for DAX at medium term.
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On other hand at SPX futures since yesterday highs is clear (5 min time frame) one corrective pattern.
At medium term we have some alternative counts, like wave ii already finished or still missing something to completed (this last chart). Despite these alternative counts I believe this will be a reversal area at short term. The first bear signal will be price below the MAE 50 (+-1095).
SPX intraday update (Part 1)
Sorry the quality of this chart but today will be a hard day of work. Following this chart seems wave ii finished yesterday. Now the bears needs a good sell off and finished the week above the MAE's 50 and 20. Now is just testing the MAE 50. Good Luck.
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