spx update

5 waves are almost completed since de 1538. Next pullback will be very important to validate or find another alternative count at medium term. Good trades to all.

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spx update

The bulls are (again) in control and SPX since  1538 made clear 5 waves to the upside. So I will expect a small pulback and a new rally which may finish at 16xx's. I must update the long and medium term count but will be very difficult to do it this week. Good trades to all.

EDIT: The easily way to count the short term is extending the wave 5 of c of C of D from my long term count.

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spx update

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spx update

Still believe the top at medium term was made last week. Despite my doubts in the waves at short, I decide to post 3 options which could explain the movement of last Friday. Good trades to all.

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spx intraday update

Quick update....two options for this wave 3.

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spx update

Seems SPX is labeling a double zig zag after the yesterday selloff. This wave 2 may have already completed but I am convinced that when finished there will be a huge selloff.

At long term my primary count suggest SPX is under wave D.

Good trades to all.

 EDIT:
Last chart of the day! The ending diagonal at medium term and the ending diagonal finished this week looks very similar!

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SPX intraday update

Today action suggest the top were made yesterday. Let's see if the bears made 5 waves to the downside. Good trades to all!

P.S. Special thanks to my friend Carlos for giving me the chart.

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spx update

My primary count still in play.

SPX may have completed the ending diagonal but seems more appropriate to consider that there is still missing one last wave to finish the pattern.

Potential top will be between 1575-1580. Above 1580 I will consider another options to this last wave 5. Use stop loss and good trades to all.

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spx update

At this point everthing is possible but I still prefer my primary count. Good trades.

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