Thursday, February 24, 2011

SPX intraday update (Part 3)

This pattern, since the 1311, isn't impulsive. So maybe is a bullish wedge (Moguita's count) ou some double/triple zigzag (Filipe's count).

SPX intraday update (Part 2)

This is my primary count, following my last update. Alternative count was also showed this morning by Moguita.

SPX - by moguita - update


Alternative count. I would expect at least one more wave down.
I would like to see, at least, 1280

Good luck

Edit: Zoom in

SPX intraday update (Part 1)

With this new low SPX only now may close the wave 1. After see the cash, this will be may primary count. Later I will show the chart. Alternative count is the last chart that I showed yesterday.