SPT UPDATE

With this sell off I will change my bullish perspective to neutral! The principal reason isn't because this sell off but the choppy patern since the May lows.

SPX DAILY UPDATE

Since May lows SPX seems finishing 5 waves to the upside as leading weadge. So, at this point the waves suggest the bullish count (chart 1 and chart 2) is underway.

SPX update

I'm following the bullish option cause the downside pattern seems corretive.

SPX medium term count

Since the 2012 high's and following my long term count two counts are possible:

The bearish count is valid if you believe in a truncation in the first wave to the downside.

SPX big picture

After two months away due the excessive work and several deadlines to perform I think it is recommended show (again) my big picture charts.

Only to remember, I'm follow this chart and I believe SPX is underway an wave 4.

The big question is whether the wave b or d is already finished or will do a triple zig zag.

Maybe the next chart (medium term count) give me some clue!

Blog news

New charts will done this weekend!