Some doubts how these waves, at short term, fits my big picture. There are some possibilities, however for the moment I'm not sure the best count. What I'm sure is this wave since the 104x's seems corrective with alot of zig zags.
P.S. Sometimes is better don't say anything than count shit waves.
P.S. Sometimes is better don't say anything than count shit waves.
Hi Bro Filipe.
ReplyDeleteHave to reversal next session.
Thanks for you thought one more time.
My thought for me bears need to reversal market next session.
Expect open below 1106 last see
My last thought
Blue Trendline tuesday (15/06) sitting 1098.05 >> Broke this trend today
Waiting overbought conditions to see market reaction > True Now
Key area [1100,1106] >> Above Close > this range
Key level 1115 reversal trend short-term > The close today
The last thoughts i expect test range [1113,1115] > Close today
If this view is correct market will reversal next session.
Key level dowside 1077 > Change this number to 1089 Close hourly cash below this number reversal trend short-term
Suport: range [1077,1082] and 1089
http://3.bp.blogspot.com/_MJqKtyMMr28/TBfhLWBt5wI/AAAAAAAACDg/QhjObeT38U0/s1600/spx+16062010.png
All update here http://followmarketrend.blogspot.com/2010/06/spx-daily-market-thought-16062010.html
Good luck for all