Wednesday, June 26, 2013

spx update

After the massive sell off in last week the bulls reply with some reluctance. Since the 1559 SPX made a clear simple zigzag. So at this point the rebound could be finished or SPX wil do a double zigzag. I prefer the last option cause the time action but everthing is possible. Good trades to all.

Friday, June 21, 2013

spx update

Fast and Furious was the movement since the 1654. At this moment I can count 5 wave to the downside but this movement may will extend. Despite this I believe in a rebound tomorrow or next monday. Good trades to all.

Wednesday, June 19, 2013

spx update

I still following the same two counts. The decision is close and the movement will be furious. Personally I prefer the bearish count. So let's see what will happen with the ending diagonal. Good trades to all.

Friday, June 14, 2013

spx update

Nothing changed since my last update, despite yesterday sell off. The bulls are in control and at least expect 165x's. Good trades to all.


Monday, June 10, 2013

spx update

Crazy day, on the last Friday, invalidating my count at short term. Now seems clear SPX finished an abc since last highs. Therefore I will expect new highs sooner or latter. Good trades to all!

Thursday, June 6, 2013

spx update

H&S target was made today and at this point seems a corretive wave to the downside. Good trades to all!

Wednesday, June 5, 2013

spx update

At short term the waves are (still) unclear but the downtrend is still undeway and the H&S projection is still valid. So, at this point the odds suggest new lows. Good trades to all.