Thursday, June 30, 2011

SPX - by moguita

And i have a alternative count to Filipe's one. ;)
This patern (as far as i can see) goes for every index. I have a alternative to this alternative: since we hit the 50% retracement to the drop from the top, this could be a 2ยบ wave.

PS: we are back testing the neck line of the H&S and de MM50 in the cash

Good luck

SPX intraday update (Part 1)

My last update showed that the key at short term was 1303 points. Yesterday the SPX closed above this value... So at short term, the alternative count is underway. I will show my chart latter.