SPX daily update

Wednesday, February 17, 2010

Since the 115x's highs SPX finished for the first time above the MAE's 20 and 50 for the first time. Despite this, I expected a false sinal for the bulls... but at same time remains an warning for the bears.

At short term seems (after all) wave C could expand a little more than expected. So the 1118 may will be tested soon.

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SPX intraday update (Part 4) - Bullish Case

Some bulls request me one alternative (bullish) count. Personaly, I don't like this count but if the prices will stay above the 50 and 20 MAE's we must take this as an warning (for the bear case)!

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SPX intraday update (Part 3)

 
At short term today or tomorrow expect new highs .

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SPX intraday update (Part 2)

Some thoughts about the spx at medium/short time.

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SPX intraday update (Part 1)

 
Possible count at short time.

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Robert Prechter: Dow To Triple Digits

Last interview with Robert Prechter.

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EUR/USD



We hit the area that i was expecting. Let's see if now we come down.

Good luck

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