SPX intraday update (Part 1)

Tuesday, June 1, 2010

Since last lows at 104x's SPX already made:
1st - Simple zig zag;
2nd - 50 % retracement;
3th - Fail teste at 200 MAE.

So, with this nice gap down the odds suggest wave iii of iii already began.

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Good Weekend

Saturday, May 29, 2010

These last days were stressful for me. Fortunately everything was resolved. Now is timing to rest (I need at least one day) and tomorrow I will see where is SPX. Enjoy the sun and have an excellent week!
Today my weekend metal tribute goes to Destruction.
Destruction is a German thrash metal band. They are considered one of the "three kings" of the Teutonic thrash metal scene!

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SPX daily update

Thursday, May 27, 2010




Filipe has no time, so i present you my vision on SPX
we should visit 1107/10 zone and then reverse. We are still in "fake inverted H&S" territory

edit: look at the the inverted H&S in red (ii) arround 1140...look familiar?
Good luck

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SPX daily update

Wednesday, May 26, 2010

Today decided to show two alternative counts at short term for SPX. Why? Cause DAX count. My primary count label perfect 5 waves and cause of that the odds suggest a rally in the next days. But why not another lower low tomorrow? Just in case, if this happens don't get in panic cause maybe the alternative count is in play! 

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DAX daily update

Something is missing on DAX. If tomorrow the channel is broken this maybe will be the possible count for medium term. Truly I'm not in love with this count and still prefer my last DAX chart!

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SPX intraday (Part 2)

Tuesday, May 25, 2010

By EW's maybe the trend at short term (at least) changed with today's lows. However the 107x's area will be also very important for this rally. We still are inside the channel anda below the MA50. Let's see what will happen until the close.

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SPX intraday update (Part 1)

SPX is testing again MA50 (hourly) and since the lows maybe is labelling a triple zig zag. For now I can't count impulsive waves since the lows.

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DAX intraday update (part 1)

DAX may have some delay comparing with SPX.

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SPX intraday update (Part 1)

Wave v underway. Possible gap down and reversal candle today. Let's see what will do the bull at these values. Charts latter!

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