SPX daily update
Monday, October 5, 2009
As expected SPX went to 1040 zone. Now is time to another sell off to complete this wave since the 108x's.
As expected SPX went to 1040 zone. Now is time to another sell off to complete this wave since the 108x's.
Possible bearish wedge is forming since the 101x's. Possible target for this wave iv at 1035-37.
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Finally we had some signs that wave P3 began :). Today action seems wave iv of iii is underway (boring day) but for Monday i expect new lows again (begin wave v of iii). During the weekend i will show my count and for now i only wish good weekend for all!
Maybe DAX made a truncation and begin P2 at September 29th.
This is my Primary count. However i have some doubts with my wave ii (rose).
The last bull case is dead :))). Truly this is, as PH showed yesterday , some wave iii :))). Welcome bears :)))!!!!!! Latter i will show my primary count, which
is very similar with last chart posted by PH.
The last count for the bull case! The bears need more than that!
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