EUR/USD UPDATE

Monday, November 16, 2009



Think today we finish ii of I, so tomorrow i expect a sharp fall of EUR

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SPX daily update


Still don't know if this wave v already finished but is still possible another push to complete this wave "a".

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SPX intraday update (Part 1)


As expected new highs were made. Now seems SPX is doing wave iii of v. I have some doubts if SPX is finishing wave "iii" or "a" but I will considerate this wave as "v" of "a".

If you are lost with my counts you can see here my last "big picture" and short term updates.

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SPX daily update


Seems wave v of iii or v of A is underway.

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DAX update

Friday, November 13, 2009

The DAX made a good retracement at 50 % Fibonacci. Now is testing the "pseudo" bearish wedge that broken last weeks.

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SPX daily update


At short term the count still messy but since last highs all pattern belongs to a corrective pattern.

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EUR/USD (2º part)

Thursday, November 12, 2009


So far so good.

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SPX intraday update (Part 3)


Since last high SPX maybe is doing a triangle.

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SPX intraday update (Part 2)

Although do not expect, new highs were made :(. Now the counts at short time the counts are messy but at big picture nothing change. Some things to remember:
1) Since July SPX is in the same pattern and doing zig zags. This pattern may have alot of alternative counts (I showed only 2 of them).
2) Bull market is dead and P2 is still alive. This is only one rally of the bear market and.

So, at long term my primay count showed SPX is in the last leg to resume this wave P2 but the alternative count is also very valid.




At short term this new high  shuffle the counts and I changed for an possible impulsive wave. Truly, for now, I'm not sure with this count but the future patterns will take all my doubts.

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