At this point is possible wave 4 of 5 already finished. Possible target for wave 5 of 5 is 1710/1730.
P.S. I'm on hollidays but I will try do at least 1 update for week. Good trades to all!
Monday, July 29, 2013
Tuesday, July 23, 2013
Sunday, July 21, 2013
spx update
My count suggest wave 5 of 3 is underway. Possible ending diaginal or bearish weadge at this wave.
Wednesday, July 17, 2013
Monday, July 15, 2013
SPX update
At short term the count still valid and let's see how will play the ending diagonal. Good trades to all.
SPX update - Short term count
Seems since 10th July, SPX is labelling an ending diagonal. Possible target is 1680-1685. Good trades.
SPX update - Big picture
My last big picture fail since I'm expecting new highs and because at this point the expanded triangle don't make sence. SPX above the 1575 make my big picture very bullish as I show in the following charts. Good trades to all.
Thursday, July 11, 2013
spx update
This strong uptrend invalidate my short term count :(. At this point new highs at short term is the obvious count. During the weekend will review my long term count. Best trades to all.
Monday, July 8, 2013
spx update
No triangle formed in sub wave b and this sub wave c may be extend up to the 166x's. Good trades to all.
Tuesday, July 2, 2013
Monday, July 1, 2013
spx update
Following my last update two options are possible:
1) Wave b of Y finished on friday (red and orange counts)
2) Wave a of b of Y finished on friday (green count)
The time and price action are perfet for the bear case but somethimes the market don't do perfect things. Good trades to all.
