SPX daily update

Tuesday, May 5, 2009



The last friday's session gave the first signal that something was not right in my last count. So, the new highs not suprise me. What's happens now? I give two different counts but truly these patterns are too confused to put (again) my hands on the fire.

The both counts have several problems but i will give the benefit of the doubt to the bulls. I will reenter short in the 95x's area.

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