SPX daily update
Monday, August 10, 2009




This weekend didn't have time to do what i propose but i what to show some different counts for possible discussion in the comments. For now i prefer the options 3 and 4.




This weekend didn't have time to do what i propose but i what to show some different counts for possible discussion in the comments. For now i prefer the options 3 and 4.
These waves make me crasy but for now i need some rest. During the weekend i will show some alternative counts of my last update.

Best count for the moment :((.

Maybe we are at new wave. Bears must be cautions :(((.
P.S. For DAX the weding wedge is the wave B black.

Hard label these counts on DAX but for now this is my primary count.
P.S. Some problems with Twitter but you can follow me at: http://twitter.com/Filipe_Miguel (not change positions since August 3).

The bullish wedge wasn't valid and for now my best count, shows like yesterday, one corrective movement. For now the odds suggest one double or triple zig zag.

Hello dear wave ii or b :). Possible bullish wedge in this subwave v.

SPX need new lows to confirm the end of wave "i" or "a". For now we have only one abc so new highs are still possible. However it's also possible wave "ii" or "b" already began. Let's see what "they" will do.

Today i show my alternative count as i still see to choppiness and yesterday's wave to the downside was corrective.
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