SPX daily update

Friday, August 5, 2011

At long term nothing changed....SPX is still in huge triangle. This triangle at this moment still may have different patterns.
So at medium term my count still the same and follows this possible triangle.

My alternative count at medium term shows the top was made and follows this triangle.
At short term, once the triangle was invalidated, SPX is labelling some wave iii. So, at this moment the bulls are in danger!

blog comments powered by Disqus

Post a Comment

Disclaimer

The opinions listed on this blog are of the author only, and shall not be deemed as financial advice, or any other sort of advice. All visitors to the blog should do their own research before making any decisions. This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses any one might sustain from the content provided. Author is not a registered financial advisor. Author does not engage in dispensing financial advice.

  © Free Blogger Templates Nightingale by Ourblogtemplates.com 2008

Back to TOP