Thursday, February 28, 2013

spx update

Yesterday I mentioned that today session would be very important to the short term count. Actually it happened!
For now, and with this rally, I changed my primary short term count. Since the last high's SPX made a simple zig zag so the odds suggest new high's  will be happend. For the bear cause (alternative count), SPX finished 2-3-3-1.

With this change, during the weekend, I must (again) review my medium term count (maybe another zig zag will be made to the upside). Good trades!