SPX daily update
Monday, November 22, 2010
Following my last medium term update I expect some laterization during the next days! After that SPX shall be made new highs.
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Finally some time to put a decent update.
The red is my primary count. The blue one is the bull option. It could be an ABCDE and now we are finishing the "D".
Either way i expect a move down and expect new lows.
The blue line is the limit for the bull count
This is the short count. The next move could bring 1,39's
Good Luck.
PS: till the end of the year, i will have little time to update the count. But i'll try to put an update at least one time for week
Consolidation day forming a possible triangle (minor wave iv). Charts latter!
Read more...At these values SPX easily may go at 122x's! Latter I will show my chart at short term (possible wave iii of iii of v underway).
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