SPX intraday update (Part 2)
Friday, September 18, 2009
Possible expanded triangle.
DAX intraday update (Part 1)
For short term the waves are not clear if wave iv already finished but very soon maybe DAX will have some pullback to complete wave d of this large wedge of wave Y (big picture).
You can see this count in SPX big picture charts on:
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi3nVN93Zko0MrGJpkQGp8inZVOX__j3jYoLv3IbORljYOLEGT09QwdPnTze2kKCTwm2lWIox6AoBuxonHXxLOwS03oL_yQgTFk3V3Xx3Y936FNZxrHlvjYEFehpYYgtrI8b44jlDLUOn3-/s1600-h/spx.jpg
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi_RBLiyGl4kJs_Zspz9hyLyCRVwjIxMjJOiNk3li_N5xvJSCaAI1oIVKxy-AAZDyVwdL_Pn4iCVLGbagguM5L4ymOH5mn3tzRM-Q0D1lnopyXCuF-AkuLwxZPG-XVbO0Uah7P6y_ec9GDs/s1600-h/spx.jpg
SPX dialy update
Still have some doubts if wave iii finished. However if tomorrow we have another choppy session the odds suggest this count is correct. Now is better wait and see outside.
SPX intraday update (Part 3)
Thursday, September 17, 2009
The minimum target was achieved. However since the morning lows the pattern seems unclear.
SPX intraday update (Part 1)
Wednesday, September 16, 2009
Another positive day with (again) impulsive waves. This is the picture of the day.
(EDIT) This is my primary count for medium term:
(2nd EDIT) And for now this is my primary count for long term:
(3st EDIT) This is my alternative count for long term:
Conclusion: As i told last weekend the bears (like me) must have some pacience and wait to truly bears signs.
P:S. Hope everbody have seen my first intraday update before this rally. Best to your trading.
DAX intraday update (Part 1)
The bears must be cautios. This is the same picture as yesterday cause my DAX cout. Something is missing at SPX or DAX counts so beware until we don't have true bear signs. For now my first bear sigh is the last higher high (+-1039). SPX must stay below this value. Until that we must suspect every pullback. Latter, if necessary, i will post 2 bull options at short/medium term.
Subscribe to:
Posts (Atom)
