SPX intraday update (Part 1)

Friday, August 14, 2009

No time for any chart but we are in the same swamp as the previous days (weeks) so a lot of different readings are still possible. The diferent valid counts are:
Wave B doing double zig zag (old count in the big picture); wave b of v of v (last count in the big picture); possible triangle.


Hello friends.

In the sequence of my weekend update i leave you the Dow transportation index chart. I think rose wave 4 is done and that we have started a final sequence of waves. Plus, there's a pretty nice channel that deserves "maximum respecto" ;)

Best to you trading



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