SPX - by moguita - update
Wednesday, July 7, 2010
well...we didn't get one move down...it was like climbing a wall
maybe we will see 1070 but, if this count is right, after that market must tank hard
Good luck
well...we didn't get one move down...it was like climbing a wall
maybe we will see 1070 but, if this count is right, after that market must tank hard
Good luck
just a possibility. I still have a lot of doubts on this count. Must keep a close eye in the next move down
Good luck
The movement from night low's is impulsive, so i don't go for a IV wave here. And the movement down from last friday don't fit in 5 waves, looks like an abc
so, for now, i will go with the flat ABC.
Good Luck
Following last days updates, internal's pointing to a V in abcde...if we are in a V...be careful
good luck
For now we only have an ABC since 1010. If we go to a new low from here, probably i'm wrong with this count.
PS: i show the RSI indicator because it's good to "show" where iii of 3 (that low reading below 15
Good luck
The today down movement was stonger than i was expecting, that put me revising all the movement since 1130 in "micro".
Yesterday, all the indicators where very "smashed" pointing to a 3 of 3 with no positive divergence.
with this things in my mind i revised my count, and as i see it we still are in wave (i) since 1130
Good luck
Looking at yesterday's action, and the movement in indicators, this looks to me as the best way to count this.
Good luck
It has been some time, but nothing new to add...really
Good Luck
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