Good Weekend
Saturday, November 21, 2009
Is raining... it's cold but is weekend. So enjoy it! Good weekend to all :).
Elliott Wave Stock Market Update - September 1st
10 hours ago
GBPUSD update
Friday, November 20, 2009
Seems GBPUSD started mayor correction and first target for this new trend is the 1.56 as you can see in this chart.
Read more...
SPX daily update
Today's action suprise me and now may primary count suggest wave b begans. Since beginning of wave "a" I had some problems to label some subwaves in cfd's charts. Despite this, cash charts are more clear and some indicators suggest this is mayor correction (wave b).
The beginning of this wave b complicate (again) the count but I like this cause fits very well with my big picture,
Read more...
The beginning of this wave b complicate (again) the count but I like this cause fits very well with my big picture,
EUR/USD UPDATE
Thursday, November 19, 2009
As promisse in the morning here is the EUR/USD update.
This is my best count and as i belive we had a truncation at 1.505 i think we go down.
SPX daily update
After this day everthing still the same (see my last updates below) so I decide made some projections based on the "big picture" and find some interesting results. The principal conclusions are:
a) Since this wave Y began, all tops were done at 4-5 days with some distribution and at same range. So the odds suggest this wave "a" will finished between 1015-1025 at friday or next monday.
b) The range between sub wave "a" and "c" of each wave (blue) increased +-10 points. So the odds suggest the mayor top (P2 end) maybe will be at 116x'a points.
GBPUSD Update
EDIT: Pattern invalidated.
SPX intraday update (Part 1)
Wednesday, November 18, 2009
SPX daily update
Tuesday, November 17, 2009
At short term my potential expanding triangle seems turn to a potential inverted H&S's. Meanwhile I change a little my count and now prefer considerate this last wave as the end of iii. So this wave "a" maybe will finished between 1120-1130. At same time I see potential gartley bullish at euro. So, for tomorrow, the odds suggest new highs at SPX. The big picture remains the same.
EUR/USD UPDATE
It seems like a 2º large H&S is in play. And a small one too (last 3 days)
I expect a drop during the night and a move up starting in the morning. That will correspond to a drop in the SPX and then a move up, maybe to new highs
Subscribe to:
Posts (Atom)
