I know you miss me :)! A quick chart to show some options. Following this chart posted last week, seems SPX is label a triangle. However is also possible the ED is underway.
Tuesday, March 30, 2010
SPX daily update
Sorry guys I'm working 15 hours/day including weekends. However, without charts, as I told in my last update, seems SPX is doing ED. Now seems SPX is at wave C of this ED. Shorty I expect new highs. Good nigth to all!
Monday, March 29, 2010
Saturday, March 27, 2010
Thursday, March 25, 2010
SPX
Ok, this is my (moguita) long term count. Most belive we are in bull market, but not me. I can't count the move since 666 as impulsive. For the first time i'm presenting you the MACD and RSI, why? You may ask...well MACD is at 2007 level's and both are putting some negative divergences such as we saw at 666.
in a few minutes i'll put Filipe's count (short term).
Here it is! I'm not 100% sure if Filipe's counting this last wave like this, but i belive that he thinks this wave is done.
Good Luck!
Wednesday, March 24, 2010
SPX intraday update (Part 1)
Seems since yesterday SPX is doing zig zags so this wave v maybe will label an ending diagonal. During this and next week will be hard to show my charts or do any update however Moguita will try do the daily updates. Good luck to all!
Tuesday, March 23, 2010
Monday, March 22, 2010
Saturday, March 20, 2010
Good Weekend
Nothing changed since my last update so during this weekend I will only do GBP update. Good weekend to all!
Friday, March 19, 2010
Thursday, March 18, 2010
Wednesday, March 17, 2010
EUR/USD
Monday, March 15, 2010
GBPUSD Update
Short term seems GBP is under some kind of wave iv. However, expect this wave will resume very soon.
Sunday, March 14, 2010
Friday, March 12, 2010
SPX intraday update (Part 1)
Seems SPX is on another wave iv as I showed in my last post. Wave b is underway labeling one triangle and I expect wave c will began very soon.
Thursday, March 11, 2010
SPX daily update
As expected SPX made new highs, however today decide to changed some minor waves cause these last two days action. If the next days the up trend will still intact maybe I will changed the mayor waves too.
Wednesday, March 10, 2010
SPX daily update
Nothing changed today and wave v still underway. I believe, the top for the short time (at least) is in this area. Let's see tomorrow what the bears will do!
EUR/USD
SPX intraday update (Part 1)
New highs were made today. I don't change my count but is possible wave v is underway labeling an ending diagonal since yesterday lows. In this count, it's missing one last wave (e) to finishing this. Charts latter!
Tuesday, March 9, 2010
SPX daily update
Following my last charts seems wave i (bull case) finished today. Let's see what the bears will do tomorrow.
Monday, March 8, 2010
SPX daily update
Today we have sideways action. So wave iv of v is underway. It's also possible already finished wave v of v but I prefer count this action as a possible triangle or some kind of ED.
SPX intraday update (part 1)
Nothing new to add since my last update! Feel free to make your opinion in my poll about the market on the big picture! This last weekend didn't have time to work about that. At night will try to see this.
Saturday, March 6, 2010
Friday, March 5, 2010
SPX intraday update (Part 1)
Since February 28th I changed my primary count for the bullish case. The reasons were justified and fortunately I haven't regretted that decision. At short term seems wave i (bull case) is close to finished after activated an inverted H&S's. Definitly this wave v is extending and may only finish during the next week as you can see below.
As I previous warned, above the MAE20 and 50 I will keep this count as my favorite and I will try during the weekend, using the chart above, a bullish count for the long term. All comments and suggestions are welcome!
SPX daily update
Today's action suggest the market is exhausted but at same time is missing, at least, one spike to new highs (maybe the final target will be the 113x resistence area as I showed in my last charts). Since yesterday the odds suggest an wave iv was made, labelling an triangle. Tomorrow or monday may finished this entire wave (i or ii according the different options). Good night to all!
Thursday, March 4, 2010
SPX intraday update (Part 1)
Made one mistake in my last bull chart and only could see now this error (the iv brown is iv purple). Sorry guys :(. So is possible (again) new highs.
The bearish case show us the two options are possible. SPX may had finished wave ii or is missing at least one more high to complete this wave.
SPX daily update
All day out cause of my work and some problems to resolve. Didn't have time to count waves but as expected SPX made new highs. So maybe the top at short term (at least) was made today. Tomorrow will show my charts. Good night to all!
Wednesday, March 3, 2010
SPX daily update
Following my last charts seems is still missing something to the upside. Let's see what the bulls will do!
P.S. Sorry the quality of these charts but today I'm too tired :(.
P.S. Sorry the quality of these charts but today I'm too tired :(.
Tuesday, March 2, 2010
Monday, March 1, 2010
EUR/USD - EDITED
For those of you that see the original post, forget it... that's what you get when trying to do EW, listen to your wife and at the same time your 4 old child runs around you... don't try this at home!!!!
In the original update The [I] should turn in a III and the [II] in a IV...better forget it.
Good Luck!!
SPX intraday update (Part 2)
Charts following my weekend update. Expected more strength from the bulls but now seems SPX is finishing this wave with some ending diagonal pattern.
GBPUSD update
Gap down and seems the trend will still down despite my last update! This chart have two alternative counts to keep in mind.







































