SPX daily update

Thursday, October 7, 2010

Since my last update nothing changed! The bears need a strong pulback to show that the short term trend changed. For the bull case this last wave v must extended a little more for despair of bears.

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SPX - by moguita - update

Tuesday, October 5, 2010


Expanded?

Not sure, but Mr. market it's keeping hard to count

Good luck

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SPX - by moguita - update

Thursday, September 30, 2010


I like this count ;))

Now it must fall...

Good luck

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Dow Downfall: Index to Fall Below 1,000 says Prechter on CNBC

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SPX - by moguita - update

Wednesday, September 29, 2010

Had to change the place of that 4, since we went nowhere since yesterday's update
Maybe we still have some more ZZ in this 4, but i think you get the picture

Good Luck

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SPX - by moguita - update

Tuesday, September 28, 2010

Counting this as a triple ZZ expanded diagonal. On horrible numbers in consumer confidence the market just rally...is this optimistic?

Good Luck

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SPX - by moguita - update

Monday, September 27, 2010

This is my long term count. I think market will try to test the upper band, but it's possible that this is already done
Still not confortable with the count in that messy sub-wave, but let's put this one and wait what market thinks about it. One possibility is that we are now in blue iv
As i say before, this iv could be a 4 diferent from the degree i had put in this chart. I start to see possible negative divergence in RSI in daily bases, for that reason i say this is minuete iv...for now

Good luck

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SPX - by moguita - update

Thursday, September 23, 2010

Keeping the bear count that presented yesterday.
It must fall hard if this count is correct

Good luck

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SPX - by moguita - update

Wednesday, September 22, 2010


Not too confident, but let's see what tomorrow will bring us

Good luck

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