SPX intraday update (Part 1)

Friday, May 21, 2010

The trend is your friend. Nothing until now to worry the bears. I say down SPX will go cause since the lows I only count a simple abc!

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SPX daily update

Two different counts with small differences. On the next days I will not expect strong rallys cause at short term seems the bull is dead!

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Time to hear the BEAR!


Do you hear the roar of the bear???? NO?!!! So listen the music cause the sound is similar :)!

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SPX intraday update (Part 3)

Thursday, May 20, 2010

Despite de new lows as I showed on my last chart, my alternative bullish count was invalidated. The trend still down and alternative (bearish) count still alive. My primary count (bearish) also was invalidated. As I said erlier... all decisions (at medium term) were made today! Charts latter!

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SPX intraday update (Part 2)

Possible count following the bull case.

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SPX intraday update (Part 1)

Today is the day of all decisions!!!
The bears will need a good sell off. The bulls will need to close this gap and a daily reversel candle! Let's start the game :). My last 3 charts are still valid.

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SPX daily update

The bears need more strenght to eliminate the bullish alternative count. Until friday maybe everthing is decided!

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SPX intraday update (part 4)

Wednesday, May 19, 2010

Didn't like this downside since the today high's. At cfd's seems an abc and spx (cash) may had finished wave i of iii of iii at today's lows.

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SPX intraday update (Part 3)

Same trendlines to follow at short term.

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