SPX intraday update (Part 3)

Wednesday, February 10, 2010

Despite the messy patterns the downtrend still intact.


SPX intraday update (Part 2)

This is my bearish alternative count since SPX invalidated my last primary count at short term. However I don't like this possible leading diagonal cause wave iii looks more a corrective pattern. Now the waves aren't clear.


SPX intraday update (Part 1)

Stayed out during all morning and just arrived now. At this values seems wave ii of iii already finished! Stop at 1068 points. In this chart I show my principal count and at grey the alternative count. Good lucy to all :)!.


SPX daily update

As I sayed during the weekend, this wave ii of iii must not pass 3 days and/or 35 points. Therefore, tomorrow is the DAY to cofirm my primary count. Despite this, tomorrow, as I showed in my last update, I still expected new highs and a possible test at 108x's.

Since the last week lows the pattern seems only zig zags and the odds suggest my primary count is the correct. However, as requested by Jose, I decide to update my bullish count (alternative).



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