Elliott Market Waves

SPX daily update

Friday, May 1, 2009

Until now i only see 5 waves (wave i ?) of this possible downtrend but i need more downside to confirm my count. However, SPX likely will do tomorrow the wave ii and the beginning of wave iii. This will be a perfect weekly close for monday the futures open in gap down. Don't forget "Sell in May and stay away".

Today i began early the weekend so until sunday this blog is all yours. Comment, exchange ideas/charts and enjoy the weekend :).

P.S. Thanks for all the visits and comments and click on "it" you know what's "it":))).

SPX intraday update (Part 3)

Thursday, April 30, 2009

My new count.

SPX intraday update (Part 2)

Don't change my last count but is hard to count this nano waves so maybe is missing one wave to new highs.

EDIT: Ups count not valid.

SPX intraday update (Part 1)

My micro wave chart.

SPX daily update

Sorry the delay but I had to confirm, from the March lows, all the counts and different patterns since i saw alot bullish EW's counts on different blogs. This is my principal count because i count 5 diferent patterns from March lows. SPX must have a decent correction from tomorrow or friday. In the short term count it's possible SPX do another residual high but after that it may fall as a rotten apple.

P.S. Thanks to all, that comment my last update.

SPX daily update

Wednesday, April 29, 2009

SPX will made new highs tomorrow? What you think about it? Comment and later i will make my EW's count (it's in my mind and for now it's top secret :))))