GBPUSD Update

GBPUSD until now didn't confirm the beginning of the new (down) trend and it's need a good sell off to validate the began of the wave iii. However since the wave ii (rose) the pattern seems more another zig zag,were wave "a" is similar with wave "c". So the bears must have some caution and wait a little more to see what will happen.

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SPX daily update

Today was holiday in Portugal (Independence Day) and I take this time to rest with family.
About the SPX I haven't nothing new to say and I will keep a double zig zag or triangle as the possible pattern for this wave B. Alternative count is wave C already underway.

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SPX daily update

Two possible counts still underway, the bullish (wave B finished) and the bearish (wave B is underway doing a double zig zag). Despite this mess the odds suggest new highs  (wave C) soon. Today's action appears wave B still underway but sometimes is better wait to see what happen.

P.S. My last chart still my primary count.

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SPX intraday update (Part 1)

I prefer count this wave, since friday's lows, as an simple abc so it´s possible this wave B didn't finished. However this market still very hard to labbel the waves at short term.

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Bohemian Bankruptcy - A tragedy by Drag Queen

Today I bring for my weekend's clip this excellent funny work that I saw at Bob Campbell blog (http://fibonacci-financial.blogspot.com/). It's another good EW's blog that you must visit.

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SPX intraday update (Part 2)

This is my worst scenario. This count have several problems so I will not count as primary.

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EUR/USD UPDATE

These are my two counts for this "mess".
We had a fast drop after a very small up move after my last update, and today we had a pullback that stop at 50% fibo.
Well, my primary count is in "blue", but we still are is this up channel, so for now i will keep the "green" one in sight.

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SPX intraday update (Part 1)

If this count is corrected a complex abc occur and wave b (rose) already finished and the big picture still underway.

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DAX intraday update (Part 1)

Seems the trend line support DAX and new highs will be made soon. Still don't see any signal of P3 beginning so this bull count and this bear count are my primary counts for the big picture.

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