Friday, May 22, 2009

SPX intraday update (Part 5)

Until now, since the highs of the day (cash) this decline seems more corrective :(.

SPX intraday update (Part 4)


Two possible H&S's. Who wins? The bears or the bulls? I prefer the bear count but latter will see what happened.

SPX intraday update (Part 3)


The cfd's charts are messy but on cash charts seems a typical abc.

SPX intraday update (Part 2)



Short term maybe is doing some wedge. Possible H&S's? I don't think so but keep in mind the last chart.

SPX daily update



Sorry, very little time today... However, I have to say that Teddy Bear has arrived.