SPX update (alternative count)
Nothing changed since my last update but today I choose to show my alternative count!
Actually seems this last wave (if is still in play) will be with choppy following an ending diagobal pattern. So the odds suggests that this pattern will be finished bettween 1560 and 1570. Good trades.
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spx update
Tuesday, March 26, 2013
At this moment the waves aren't clear and SPX is still in the range 1640-1560. Several counts are possible but today I decided to show a possible ending diagonal in this last wave 5. Good trades to all.
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spx update
After 2 days is clear the movement since the highs isn't impulsive. So the odds sugest wave 4 finished yesterday and new highs will be made very soon. Good trades.
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spx update
Wednesday, March 20, 2013
Nothing changed since yesterday. The bears need a good sell off but at this moment the market seems labeling some kind of a triangle. Good trades.
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spx update
Tuesday, March 19, 2013
For now the waves aren't clear but is still possible that wave 4 were finished last nigth. Waves 4 don't extend to much but at same time the wave until the 1535 don't seems impulsive. So let's see what "they" will do tomorrow. Good trades to all.
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SPX update
Monday, March 18, 2013
At this point I will consider wave 5 of C of Y already finished. Wave D of Y underway. Latter will show my updated charts. Good trades.
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spx update
Thursday, March 14, 2013
spx update
Since last highs SPX labell a descending triangle however this triangle may change to another corretive pattern (alternative count at short term). Despite this, I will expect new highs very soon. Good trades to all.
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spx (big picture) update
At short term nothing changed which give me some time to (finally) review my big picture.
So, my primary big picture is still wave 4 underway in some triangle pattern as I previously posted.
However I change (a litlle) my primary long term count as this last wave seems impulsive. My last primary count is simply extended with a few more sub waves.
spx update
Tuesday, March 12, 2013
Since last days the waves aren't clear but for now seems the bulls are still on clontrol.
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spx update
Friday, March 1, 2013
The bear case from yesterday are still possible but the odds still suggest new highs will be done. Possible inverted H&S underway and the 1498 may will be resistence for this correction. Good trades to all!
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