AUDUSD update

Friday, December 4, 2009

Yesterday I have a request to do a AUS/USD chart. There is it here :). Mo, it will be great see your count and your feedback. Hope you enjoy this :).

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SPX daily update


As I follow my big picture this decline will be wave ii of C. Below the 1085 (cash) this count will be in danger. Until that I prefer count as I show at chart.

P.S. Another day (only afternoon) without internet connection and trading :(.

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EUR/USD UPDATE

Thursday, December 3, 2009



This is what i was talking about this afternoon.
The "green" count seems to be the right one. This up move may not be finish, but a break of 1,50326 will make me belive that we are done in the up side

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SPX daily update


Today was a hard day of work without internet connection :(. So I can't made any intraday update.
About the markets it's still hard to label these waves at short term but seems this new high was made with a flat wave. (3-3-5). So it's possible new highs tomorrow to finished wave i of C or C.

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GBPUSD Update

Wednesday, December 2, 2009


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

Monday, November 30, 2009

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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