SPX - by moguita

Wednesday, September 1, 2010

Ok, last run up doen's fit in last update. So we must change to an alternative count.
This one is my prefered (for now) since in DAX we can count a perfect 12345 from top.
Now, for this count to be correct we can go a litle litle litle bit up and then fall hard

PS: had no chance to talk to Filipe today and don't know what he thinks about this

Good luck


SPX intraday update (Part 1)


SPX daily update

At short term I agree with Moguita's count! However I still follow a possible abc since the 12xx's. Despite this, I expect a good sell off during the next days. The bears must follow the trend and control the 107x's area.



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