spx update
Thursday, September 5, 2013
Still wating for the wave 2 or b end. Values below 1626 suggests wave 3 or c began. Good trades to all.
spx update
Wednesday, August 28, 2013
Primary count suggest wave 1 or a is finished or close to finished. During my hollidays had problems with my internet connection but next week I will be back. Good trades to all.
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spx update
Monday, July 29, 2013
At this point is possible wave 4 of 5 already finished. Possible target for wave 5 of 5 is 1710/1730.
P.S. I'm on hollidays but I will try do at least 1 update for week. Good trades to all!
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SPX update
Tuesday, July 23, 2013
Maybe the bearish weadge finished at 1700. To confirm this SPX must stay below the 1690.
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spx update
Sunday, July 21, 2013
My count suggest wave 5 of 3 is underway. Possible ending diaginal or bearish weadge at this wave.
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SPX update
Monday, July 15, 2013
At short term the count still valid and let's see how will play the ending diagonal. Good trades to all.
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SPX update - Short term count
Seems since 10th July, SPX is labelling an ending diagonal. Possible target is 1680-1685. Good trades.
Read more...SPX update - Big picture
My last big picture fail since I'm expecting new highs and because at this point the expanded triangle don't make sence. SPX above the 1575 make my big picture very bullish as I show in the following charts. Good trades to all.
spx update
Thursday, July 11, 2013
This strong uptrend invalidate my short term count :(. At this point new highs at short term is the obvious count. During the weekend will review my long term count. Best trades to all.
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spx update
Monday, July 8, 2013
No triangle formed in sub wave b and this sub wave c may be extend up to the 166x's. Good trades to all.
spx update
Monday, July 1, 2013
Following my last update two options are possible:
1) Wave b of Y finished on friday (red and orange counts)
2) Wave a of b of Y finished on friday (green count)
The time and price action are perfet for the bear case but somethimes the market don't do perfect things. Good trades to all.
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spx update
Wednesday, June 26, 2013
After the massive sell off in last week the bulls reply with some reluctance. Since the 1559 SPX made a clear simple zigzag. So at this point the rebound could be finished or SPX wil do a double zigzag. I prefer the last option cause the time action but everthing is possible. Good trades to all.
spx update
Friday, June 21, 2013
Fast and Furious was the movement since the 1654. At this moment I can count 5 wave to the downside but this movement may will extend. Despite this I believe in a rebound tomorrow or next monday. Good trades to all.
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spx update
Wednesday, June 19, 2013
I still following the same two counts. The decision is close and the movement will be furious. Personally I prefer the bearish count. So let's see what will happen with the ending diagonal. Good trades to all.
spx update
Friday, June 14, 2013
Nothing changed since my last update, despite yesterday sell off. The bulls are in control and at least expect 165x's. Good trades to all.
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spx update
Monday, June 10, 2013
Crazy day, on the last Friday, invalidating my count at short term. Now seems clear SPX finished an abc since last highs. Therefore I will expect new highs sooner or latter. Good trades to all!
spx update
Thursday, June 6, 2013
H&S target was made today and at this point seems a corretive wave to the downside. Good trades to all!
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spx update
Wednesday, June 5, 2013
At short term the waves are (still) unclear but the downtrend is still undeway and the H&S projection is still valid. So, at this point the odds suggest new lows. Good trades to all.
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spx update
Thursday, May 23, 2013
At this point seems wave 2 or b finished or is close tu finished. I'm looking for and ending diagonal at this wave c ou 2 or b.
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spx update
Friday, May 17, 2013
At this point, everthing still the same. The bears need an impulsive wave but SPX made until now an "abc".
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spx update
Tuesday, May 7, 2013
Change a little my primary count. Despite this last wave may finished between 1640 and 1660. Good trades.
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spx update
Monday, May 6, 2013
spx update
Friday, May 3, 2013
No doubts! Wave 5 is underway and will be likely some ending diagonal as I can't label an impulsive wave since the 1538. Wave C or iii of ending diagonal is underway. I will do better chart during this weekend.
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SPX update
Tuesday, April 30, 2013
At this point the waves, at short term, aren't clear but the triagle is still possible or wave 4 finished at 1538. The next sessions will clarify this. Good trade to all.
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spx update
Wednesday, April 24, 2013
Still following this count... At short term the waves to upside are messy and seems corretive so I expect some triangle is underway. Below the 1536 alternative count is underway. Good trades to all.
spx update
I still have doubts in the short and medium term counts. However today action left me a little more bullish since the downside pattern seems a double or triple zig zag. To invalidate this movement the bears should have more strength. Happy trades.
spx update
Wednesday, April 17, 2013
Several counts posssible at medium term! At this point I'm still neutral.
EDIT:
Possible count at short term:
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spx update
Thursday, April 11, 2013
5 waves are almost completed since de 1538. Next pullback will be very important to validate or find another alternative count at medium term. Good trades to all.
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spx update
Wednesday, April 10, 2013
The bulls are (again) in control and SPX since 1538 made clear 5 waves to the upside. So I will expect a small pulback and a new rally which may finish at 16xx's. I must update the long and medium term count but will be very difficult to do it this week. Good trades to all.
EDIT: The easily way to count the short term is extending the wave 5 of c of C of D from my long term count.
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