SPX intraday update (Part 1)
Thursday, May 28, 2009
Chart of the day.
P.S. My bear blood made short at SPX, DAX and NDX at the end of the wave b.
SPX daily update
Good sell off after half chopy session (beginning of this wave b). This pattern seems very suspicious (observe your's charts of DAX, CAC and NDX). So i expect new upside tomorrow. This time e prefer stay away (not be long) and see what will happen. If this is the wave iii (my alternative count) i have alot time to short it :))).
SPX intraday update (Part 3)
Wednesday, May 27, 2009
Not time to do any chart but i covered again my shorts due DAX and CAC made correctives patterns. So for SPX cash i think this wave ii will be made like abcde and in cfd's is doing wave b of ii. Maybe it's missing one last wave to do the 92x's.
Read more...
SPX intraday update (Part 1)
SPX cash is more bearish than SPX cfd's. So my primary count is that. First SPX may correct something and then go up to finished this wave ii. This last up side
is in agreement with the new highs on DAX. Will be the last breath of the bulls on short time frame?
SPX daily update
Not change my count but until the 925's i will increase my shorts again (covered my shorts at 880 and enter long until 905).
P.S. For DAX this chart is still valid
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEholwimTRKyJsjQoeO5CjBNlHLD9ED84u02GwDhQJ3jlQi06jw_TMaS76djvLLGPsVV5q0yuMgocOydGjocF3r0ciiB0gkL-kjUowgAmVb2jRZBmOovr8WSIaBL2ukoyf3q-NmvvHHoj1ml/s1600-h/dax.jpg
EDIT on 27/05/2009: Make more sense this count.
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