SPX intraday update
Thursday, January 6, 2011
SPX daily update
New year...new primary count!
Despite the latest updates have been correctly, today decided change my primary count. This new count suggest this rally may will continue during the next week and the price may will go to the 13xx's.The bulls are still in the control, so please don't try to find the top at short term.
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SPX daily update
Tuesday, January 4, 2011
New highs were made but SPX didn't made any impulsive wave for the downside. So is possible any extension of this wave 5 of 5. The price is inside the channel and the bulls are in control. Therefore, the odds suggest another higher high at SPX.
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SPX daily update
Sunday, January 2, 2011
Last days action suggest SPX is labelling wave iv of v from my primary count. So during this week I will expect new highs.
Read more...SPX - alternative count at medium term)
Thursday, December 30, 2010
Some alternative count, at medium term, send by a good friend.
For me the odds don't suggest this count but as you know ... in the markets everthing can happen!
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SPX daily update
Despite my last alternative count, my primary is still the same.
Expect some retracement at 126x's-127x's and then let see which is the correct count. At these values is important keep your mind open to another possibilities.
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SPX daily update (alternative count at short term)
Wednesday, December 29, 2010
Following my medium term count, SPX is at wave 5. Into this wave 5 seems last weeks SPX is labelling a ending diagonal so decided to show my alternative count.
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