SPX intraday update (Part 3)
Friday, June 4, 2010
Despite the possible H&S's at 5 min, by EW's SPX need one last low to complete this flat wave.
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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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GBPUSD update
Wednesday, June 2, 2010
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)
Tuesday, June 1, 2010
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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