SPX and DAX dialy update
Sunday, January 18, 2009
This last rise movement seems suspicions to me, however i will give the benefit of the doubt to the bulls. Have a nice week.
Good weekend
Friday, January 16, 2009
Nice trading week. Hope that all of you made some money. I think today's movement after all was in a corrective wave (my stop was activated). So the last update was wrong. During this weekend i will update my charts.
Read more...SPX intraday update (Part 2)
For me this is a impulsive wave but i need more data to confirm that. Good lock with your trades.
SPX intraday update (Part 1)
My two cents for today. I'm short since 858 :P. I think this is wave (b) of the ii but this pattern is more impulsive that corrective. Below 832 points i think thats better stop the longs to see what happens.
SPX daily update
Now we began this countertrend (wave ii) but i need more data to resolve this puzzle. However, I think this wave ii final target could be between the 50% or 62% of Fibonacci.
VIX
Thursday, January 15, 2009
Nice setup for the VIX. This can means that the first wave had finished or will be finished briefly.
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