Elliott Market Waves

SPX intraday update (Part 1)

Monday, February 28, 2011

My primary count suggest this wave 2 is close to finished.

SPX intraday update (Part 1)

Friday, February 25, 2011

Wave 2 underway. The both counts showed yesterday are still in play.

SPX intraday update (Part 3)

Thursday, February 24, 2011

This pattern, since the 1311, isn't impulsive. So maybe is a bullish wedge (Moguita's count) ou some double/triple zigzag (Filipe's count).

SPX intraday update (Part 2)

This is my primary count, following my last update. Alternative count was also showed this morning by Moguita.

SPX - by moguita - update

Alternative count. I would expect at least one more wave down.
I would like to see, at least, 1280

Good luck

Edit: Zoom in

SPX intraday update (Part 1)

With this new low SPX only now may close the wave 1. After see the cash, this will be may primary count. Later I will show the chart. Alternative count is the last chart that I showed yesterday.

SPX intraday update (Part 3)

Wednesday, February 23, 2011

At this values I will considerate the Moguita's count as my primary count. If this count is correct, SPX can´t stay above the 1315 and the sell off will continue.