Good Weekend
Saturday, July 11, 2009
Time to rest and stay with family. Hope everybody also rest and enjoy the weekend.
SPX intraday update (Part 2)
Friday, July 10, 2009
Still very choppy for wave iii so this is my best count. Until above the 869 this will be my primary count.
SPX daily update
Today i stay a little more bearish than yesterday after the markets close. The big picture is still uncertainty but today i will prevail the bear count.
At short term seems for the bear case it's missing wave c to complete this (small) rebound. For the bull case maybe is possible a good rally For now i prefer the bear case.
SPX intraday update (Part 1)
Too much work today and didn't have time to see any count. I'm only trying to show some possible patterns intraday. Everthing seems too choppy and corrective for me (Hard days to trade).
SPX daily update
Not to much secure in this downside and also with this count due the counts between cash and cfd's aren´t similar. This is the possible scenario in the bear case. However in the short term i see this downside limited. Tomorrow is another day and the puzzle will have more pieces to understand it better.
DAX daily update
As you know, since yesterday i didn't like this downside due the waves, despite impulsives, were to small for wave iii. So at short term, the DAX seems made a wedge and maybe is time to have some rebound.
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