SPX intraday update (Part 2)
Thursday, October 1, 2009
These corrective waves (until now i only see zig zags) are hard to label. After all seems the triangle was not completed, and for the bull case i only can see a bullish wedge.
SPX intraday update (Part 1)
Hard to label this pattern but i show another alternative count.
SPX daily
We are still pointing north. It seems that with todays action we morph into some kind of triangle. Maybe stops being taken make this move down bigger than it should be. Maybe P3 has started (don't really believe it). Lets see tomorrow how it develops. We still think higher for now.
Best to you all..jpg)
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SPX intraday update (Part 1)
Wednesday, September 30, 2009
Possible triangle is my alternative count.
Nasdaq100 update
It seems the Nasdaq is ready to go upper...
On the long term... (remember this post?)
Well, here is the updated chart:
Best to your trading
PH
SPX intraday update (part 4)
Tuesday, September 29, 2009
Hard to know if wave b or ii of E already finished.
SPX intraday update (Part 3)
I would like to see in this wave "b" or "ii" a triangle. To early to label this wave but it's a personal guess :).
EDIT: No triangle but only a bullish wedge. Chart very soon. Read more...
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