SPX intraday update (Part 2)
Monday, January 12, 2009
So, why not this count? If you are bull can put (a) and (b) on maior i and ii.
So, why not this count? If you are bull can put (a) and (b) on maior i and ii.

My two cents for today. I think this wave maybe had finished.


Após observar a "big picture" desta onda iv acho que poderá haver fortes possibilidades desta onda iv principal ter acabado. Este facto devesse à extensão ocorrida neste novo downtrend. No entanto, apesar de preferir a visão bear, deixo duas contagens possíveis para se puder discutir os possíveis cenários.
After observing the "big picture" of this wave iv, i think there's a strong possibility that this wave reached its end. I had this vision also because the form and extension of this new downtrend. Despite this, i present two different counts (one bear and another bull), which can be discussed, as allways.

Após observar a "big picture" desta onda iv acho que poderá haver fortes possibilidades desta onda iv principal ter acabado. Este facto devesse à extensão ocorrida neste novo downtrend. No entanto, apesar de preferir a visão bear, deixo duas contagens possíveis para se puder discutir os possíveis cenários.
After observing the "big picture" of this wave iv, i think there's a strong possibility that this wave reached its end. I had this vision also because the form and extension of this new downtrend. Despite this, i present two different counts (one bear and another bull), which can be discussed, as allways.
Great week we had. To celebrate it, i leave you a Portuguese band ))).
During the weekend i will continue on doing my updates.
My two cents with 1 min chart. Maybe is missing one micro wave v.
I change my count and i think DAX and SPX are in some wave iv.
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