Thursday, February 18, 2010

SPX intraday update (Part 5)

The true battle for the bear case is coming.

SPX intraday update (Part 4)

Alternative pattern (corrective). Needs confirmation. Despite this, the bears must be cautions once the price is above the MAE 20 and 50.

SPX intraday update (Part 3)

Possible inverted H&S underway (time frame 5 min). Possible target at 1110.

SPX intraday update (Part 2)

 
This count agrees with yesterday's first and fourth update. Alternative counts are possible as I showed yesterday.

GBPUSD Update

Nice gartley bearish sequential!