Elliott Market Waves: SP500

Showing posts with label SP500. Show all posts

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.

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.

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!

Tuesday, July 23, 2013

Maybe the bearish weadge finished at 1700. To confirm this SPX must stay below the 1690.

Sunday, July 21, 2013

My count suggest wave 5 of 3 is underway. Possible ending diaginal or bearish weadge at this wave.

Wednesday, July 17, 2013

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.

SPX update - Short term count

Seems since 10th July, SPX is labelling an ending diagonal. Possible target is 1680-1685. Good trades.

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.

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.

Tuesday, July 2, 2013

My primary count is wave b of Y is underway labelling a triangle. Good trades to all.

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.

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.

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.

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!