Elliott Market Waves

Monday, October 25, 2010

Nothing changed since my last update and the channel is still intact. The bulls are still in control and the bears must wait for better days.

Friday, October 22, 2010

The count is not perfect and the waves at this point aren't clear.

Despite this, with today's highs I will expected higher values in the next days.

For now is better follow the trend and the bears must wait for some true bearish signal.

Thursday, October 21, 2010

I'm very short in time. Just want to share a thought.

Filipe will put an update today...i hope ;)

Good Luck

SPX intraday update - Part 1

New highs means extention of this wave 5. Latter I will show my charts.

Monday, October 18, 2010

At short term didn't like the last pattern since the last highs (looks corrective) so is possible (again) another higher high. For the medium term and for the bear case everthing still the same. For the bull case decided to show a ultra bullish count.

SPX daily update

Tuesday, October 12, 2010

Following my last update the ending diagonal is still in play. Not sure if already finished.

SPX daily update

Monday, October 11, 2010

Following the bearish count the last wave should be an ending diagonal.

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.