SPX intraday update (Part 1)
Following my last chart at medium term I will considerate the top was at 1344. Latter will show my charts at long, medium and short term.
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SP500
SPX intraday update (Part 2)
Friday, February 18, 2011
For the medium term I didn't change my primary count. For me this looks more an extention of this bearish wedge. At short term It's possible the pattern isn't completed.
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SP500
SPX intraday update (Part 1)
Until now the market didn't fall. On other hand I can't see impulsive waves for the downside.
Conclusion: The bears must be cautions and have tight stops cause the bulls are still in control.
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SP500
SPX intraday update (Part 1)
Waiting for some trustfull waves...Despite this my primary count still the same.
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SP500
SPX intraday update (Part 4)
Wednesday, February 16, 2011
Following my last two options the 1332.96 is the key. It's important understand if this last pattern is corrective or impulsive. Let's see what will happen!
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SP500
SPX intraday update (Part 3)
For now there's no reason to change my primary count...but is also possible an alternative bearish count. At cash we can see easily this count.
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SP500
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