SPX intraday update (Part 1)

Tuesday, November 24, 2009

Possible triangle underway between 1085 and 1113 points.


SPX daily update

At short term still have some doubts how complete this puzzle. However my last intradays updates (Part 1 and Part 2) are still underway. In short term or we have an abc's sequential waves or new highs will bring a new impulsive wave to the up side. For the moment the war is doing between the 1085 and the 1114 points. The bulls  have advantage but the bears may have some strength to show.


DAX daily update

Yesterday I showed my bearish count for DAX and left the bullish count in the oven. As the markets made a strong rebound I decide to show it. At this moment the markets are very choppy, showing alot corrective combinations (simple zigzags, double zigzags, irregular waves, flat waves, etc) make very hard labbel  these waves.



The opinions listed on this blog are of the author only, and shall not be deemed as financial advice, or any other sort of advice. All visitors to the blog should do their own research before making any decisions. This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses any one might sustain from the content provided. Author is not a registered financial advisor. Author does not engage in dispensing financial advice.

  © Free Blogger Templates Nightingale by Ourblogtemplates.com 2008

Back to TOP