SPX intraday update (Part 1)

Another positive day with (again) impulsive waves. This is the picture of the day.

(EDIT) This is my primary count for medium term:

(2nd EDIT) And for now this is my primary count for long term:


(3st EDIT) This is my alternative count for long term:


Conclusion: As i told last weekend the bears (like me) must have some pacience and wait to truly bears signs.

P:S. Hope everbody have seen my first intraday update before this rally. Best to your trading.

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DAX intraday update (Part 1)

The bears must be cautios. This is the same picture as yesterday cause my DAX cout. Something is missing at SPX or DAX counts so beware until we don't have true bear signs. For now my first bear sigh is the last higher high (+-1039). SPX must stay below this value. Until that we must suspect every pullback. Latter, if necessary, i will post 2 bull options at short/medium term.

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SPX daily update

After some tests i come again to old count cause SPX didn't confirm my last DAX intraday count. So the new trend maybe will begin very soon at this values.

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DAX intraday update (Part 1)

I like very much count DAX cause somethimes his waves are cleanest than SPX. What i found in this chart is dangerous at short time for the bears (maybe the P2 has even more to go up) but i must need SPX confirmation and at same time incorporate this count at the big picture. Best to your trading.

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SPX intraday update (Part 1)

5 sub waves maybe finished the impulsive upside since yesterday lows. Let's see what they do during this day.

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SPX update

Short term we had to go back to the impulse count.
Think this count is more bearish since the impulse invalidate the final ending diagonal scenario. It could be the final impulse up of a C wave. Remember that ending diagonals are made of abc's.

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Nasdaq update

Comments on the charts. For now, nothing change has we keep expecting a decent drop at these levels.

Best to your trading
PH

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SPX intraday update (Part 1)

Nothing new to add about my last update. So i expect 101x's values before new highs.

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Nasdaq was the first to break the trend line on Friday...a new short term trend seems to be underway. We expect a drop near 1630 support area, and after that a new uptrend to complete wave "e".
Best to your trading
PH

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