Thursday, August 30, 2012

spx update

Triangle broken to the donwside!

Wednesday, August 29, 2012

SPX update

Sideways since the last higher high at 1426! This (complex) wave seems a consolidation until new highs! For now don't see any reason to be short.

Friday, August 24, 2012

SPX (intraday Part1)

SPX made my target for possible wave ii of iii (yesterday chart) but with these waves I prefer follow with these options. At this point I only see a double zig zag...Let's see what "they" do!

SPX update

Nice sell off in this session and my primary count (bearish) still the same.

Thursday, August 23, 2012

SPX update

For the bear case (at short term) I didn't like todays action so began to think an alternative bullish count. The SPX needed a good sell off, if not new highs will be happen!

Wednesday, August 22, 2012

SPX update (Short term count)

I'm following this count at short term. Let's see how it works. If is correct the sell off will continue during the night.

Tuesday, August 21, 2012

SPX update (intraday Part2)

Puuffff....but the bears need a lower low to confirm (at least) a new trend at short term.

SPX update

SPX yesterday didn't sell off, so the odds sugest new higher high of the year will be made.

Wednesday, August 15, 2012

Thursday, August 9, 2012

SPX update


Following my chart, this last wave seems an expanding diagonal triangle.

Tuesday, August 7, 2012

SPX update

Possible bearish weadge underway.

Monday, August 6, 2012