Hello dear wave ii or b :). Possible bullish wedge in this subwave v.
Thursday, August 6, 2009
SPX intraday update (Part 2)
SPX need new lows to confirm the end of wave "i" or "a". For now we have only one abc so new highs are still possible. However it's also possible wave "ii" or "b" already began. Let's see what "they" will do.
SPX intraday update (Part 1)
Today i show my alternative count as i still see to choppiness and yesterday's wave to the downside was corrective.
SPX daily update
The bulls want to complicate the bear's life but my primary count shows the wave ii already began and for now the odds suggest an double or triple zig zag.