spx intraday update

Friday, April 5, 2013

Quick update....two options for this wave 3.


spx update

Seems SPX is labeling a double zig zag after the yesterday selloff. This wave 2 may have already completed but I am convinced that when finished there will be a huge selloff.

At long term my primary count suggest SPX is under wave D.

Good trades to all.

Last chart of the day! The ending diagonal at medium term and the ending diagonal finished this week looks very similar!



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