SPX intraday update (Part 1)

At medium term I'm still bearish and began to look at this alternative count. At short term, this wave to the downside don't seems impulsive but a flat wave. So I expect another move to the upside! This and the last chart are my favourite counts for the short and medium term. The next move will be important to define my primary medium term count.

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SPX daily update

Not sure if SPX is in the last uptrend wave.

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SPX daily update

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GBPUSD update

Nothing to add since my last GBPUSD update. In this wave iv I expect some triangle and sideways action during the next days.

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SPX intraday update (Part 1)

Trend line test and my primary count was invalidated! First alternative count underway.

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SPX daily update

EDIT: Despite the overlap waves in this last session I still think wave 3 of 3 already began. Despite this, I show some alternative counts.

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SPX intraday update (Part 1)

Since last lows at 104x's SPX already made:
1st - Simple zig zag;
2nd - 50 % retracement;
3th - Fail teste at 200 MAE.

So, with this nice gap down the odds suggest wave iii of iii already began.

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Good Weekend

These last days were stressful for me. Fortunately everything was resolved. Now is timing to rest (I need at least one day) and tomorrow I will see where is SPX. Enjoy the sun and have an excellent week!

Today my weekend metal tribute goes to Destruction.

Destruction is a German thrash metal band. They are considered one of the "three kings" of the Teutonic thrash metal scene!

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SPX daily update

Filipe has no time, so i present you my vision on SPX
we should visit 1107/10 zone and then reverse. We are still in "fake inverted H&S" territory

edit: look at the the inverted H&S in red (ii) arround 1140...look familiar?
Good luck

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