SPX intraday update (Part 2)
Friday, October 2, 2009
This is my Primary count. However i have some doubts with my wave ii (rose).
SPX intraday update (Part 1)
The last bull case is dead :))). Truly this is, as PH showed yesterday , some wave iii :))). Welcome bears :)))!!!!!! Latter i will show my primary count, which
is very similar with last chart posted by PH.
Last hope for the bull case
The last count for the bull case! The bears need more than that!
SPX daily update
Well well well! How about that!? Is it P3 coming? Or is just another correction? I think the answer lies first, in the 1016/1020 support and second in 1000 point support.
Hope you had your stops in place cause today...was a bear killer. Sorry for the bad call on the nasdaq. We have now a bear count. If you still bull just switch rose 1,2 for an a,b , and let the wave finish. I'm out for now, for me this is a 50/50 scenario.
Best to your trading
PH 
SPX daily update
My last count didn't work and the bullish wedge died before born so the big wave arrived.
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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