SPX intraday update (Part 3)
Friday, May 7, 2010
Some doubts in this downside. Maybe it's only wave X of wave iv. Since morning highs seems double zig zag.
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WTF happened yesterday? Maybe something like this clip ahahahahah :). Still keep my last count valid. Possible wave iv underway (not sure the degree).
Possible triangle underway in this wave iv.
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Today i let you a long term chart.
Since 2004 it looks like a perfect H&S (6 years!!!!), if it's in play maybe the bearish count that i put in this charts is the right one (i put too much guessing, but i think you'll see what i mean)
God Luck
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