No time to show any chart and for now is to hard to fit this wave in the big picture. However seems all corrective and maybe, since the lows, is doing a double zig zag.
EDIT: Possible triangle and if is activated new lows will be made.
Tuesday, June 23, 2009
SPX intraday update (Part 1)
In cfd's charts seeams an wedge or an triangle so appears wave iv is also almost finished :).
SPX daily update
Today i show 3 different possible counts for SPX. I truly believe more in the bear or ultra bear case but at same time i will respect the bull case as i see alot oversold indicators.