SPX intraday update (Part 3)
Thursday, July 2, 2009
Maybe is missing one small wave to finish this first leg of wave iii or C.
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SPX intraday update (Part 2)
Hard day of work and beautiful day in the markets. For now this is my best count but this selloff with out any retracement difficult the count. I didn't forgot the bull case so i decided to cover my shorts and keep waiting to see what happens in the next rebound.
P.S. I would like thank Michael for his support.
SPX intraday update (Part 1)
Wave iii or c for the bear case began. Latter i will show my charts
Read more...DAX daily update
Similar count and doubts for DAX (liken with SPX) but i think is missing one last wave to finished this corrective pattern.
SPX daily update
Nothing changed since my last update. I'm not sure that wave b or ii already finished but until now, since the today's highs, seems a corrective wave (abc).
SPX intraday update (Part 5)
Wednesday, July 1, 2009
Trend lines and corrective patterns to follow.
SPX intraday update (Part 4)
Since yesterday lows SPX made a corrective wave like expanding diagonal triangle. This fits with my bearish count.
SPX intraday update (Part 3)
New highs were made but still thinking SPX is in the same wave since 25th of June. Despite this, the bears are in trouble but i'm still short and prefer the bear count.
P.S. Yesterday everbody expected new lows and today SPX made new highs so when everbody expected new highs new lows will be made.
SPX intraday update (Part 2)
Something is wrong on this count. Need more data to understand this action.
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