spx update

I confess these complex patterns make me crasy and for now I'm not sure if my counts are trustfull.

Despite this, I don't see the "TOP" in the last higher high at 147x's cause the pattern to the downside is corretive. To follow this I changed my medium term count! Another possibilities are still available but to me make more sence  this count.  At short term, since the last higher high, SPX made an triple zigzag.

spx update

At this points, as I posted in my last chart, does not make sence count this waves as wave 4. However the waves aren't clear and can't find any impulsive wave to the downside. So my primary count suggests SPX is labelling another X wave to the downside. 

spx update

Different pattern, same wave! I will still count this wave as 4 cause don't see nothing impulsive to the downside. Possible wedge is underway!

spx update

Two possible counts at this point!

spx update

Changed my medium term count cause the donwside, since the last highs, was corretive (double zig zag). Tomorrow will see the long term count.

spx update

After these last days seems SPX at short term is labelling a triangle. If this occur my medium term chart will be changed. For now I can't see anything impulsive to the downside.

spx update

At this point it makes more sense consider that the wave Z is over. However I show an alternative count in the short term. If this happens I will have to review the medium term count.

spx update

The bulls are still in control.

spx update

Following my last chart!

spx update

Change my count at medium term cause since the last highs seems SPX is labelling a triangle.

spx update

Triangle broken to the donwside!

spx update

Possible triangle underway!

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.

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.

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!

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.

SPX update (intraday Part2)

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

SPX update (intraday Part1)

SPX update (short term count)

SPX update (short term count)

SPX update

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

SPX update

Possible TOP already made!

SPX update

SPX update

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

SPX update

Possible bearish weadge underway.

SPX update

Searching a top!

SPX update

Since June SPX is under a complex pattern...My primary count suggests a triple zig zag but I'm not sure if is correct. Let's see what "they" do!

SPX UPDATE

SPX UPDATE

Following my medium term count. Possible triangle  as wave X for  the bull case is still valid.

SPX UPDATE

Since my last update SPX is labelling a double zig zag so at short term expect SPX between  138x's-139x's.

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!

SPX daily update

Just a simple update cause wave iv still underway!

SPX DAILY UPDATE

Seems wave iv is underway!

SPX DAILY UPDATE

SPX DAILY UPDATE

Looks like wave iii (green) from my last update still underway!

SPX DAILY UPDATE

3 months afyer my last update I think is time to show my charts. At all time frames my charts are still valid! At short term the odds suggest wave iv is underway. So at this point I will expect some kind of complex pattern as a triangle.

I still don't see any reason to be short! Just follow the trend :D!

SPX daily update

Following my last chart nothing changed and SPX is following wave 3 (primary count; green) or wave C (alternative count; red).