SPX intraday update (Part 1)

Wednesday, April 20, 2011

These last days my job is killing me... Despite this, nothing changed since I showed my last updates.


SPX - by moguita - update

we had a "H&S trap".
We need to see 5 waves from 1294 to rule out the truncation 5 or the abc down for a large C (Alternative count in blue).
another alternative (not on this chart) in that a 5 waves up from 1294 will finish C wave for a final Z wave from 1007. This cenario coul bring a "inverted H&S trap".

Good luck



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