SPX intraday update (Part 1)

Friday, February 12, 2010

 

It's possible wave ii of iii already finished. The bulls need new highs to invalidated this count and the bears need break the trend line at short term to have a good sell off.. 

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SPX daily update

Another day and finally one clear pattern at short term. Despite this, the counts at medium term are still choppy.
My primary count still possible but the time action don't help this scenario. However today had only time to show this potential scenario. The alternative count at medium term still also valid and began to gain some points.
Tomorrow wil be an important day (again) to clearify the waves labeling since last weeks lows.

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SPX intraday update (Part 1)

Thursday, February 11, 2010

For the bear case and my primary count the top was made! Let's see if wave v already finished.

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SPX daily update

These last days, since the last week lows, show us some messy patterns. So I decided show 3 different counts.

The first is my primary count and is agreedment with my primary count at medium term (the price action still intact).

The second is my alternative count and showed that SPX is doing wave ii of my alternative count at medium term.

The last is less possible count and suggest wave ii of iii of the primary count at medium term already finished.

For now I don't have any count for the bull case. So the odds still suggest wave P3 already began!

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GBPUSD Update

Possible bearish gartley underway at short time.

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EUR/USD

short term:




Zoom In:




The odd's poiting down.

Good Luck

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SPX intraday update (Part 3)

Wednesday, February 10, 2010

Despite the messy patterns the downtrend still intact.

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SPX intraday update (Part 2)

This is my bearish alternative count since SPX invalidated my last primary count at short term. However I don't like this possible leading diagonal cause wave iii looks more a corrective pattern. Now the waves aren't clear.

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SPX intraday update (Part 1)

Stayed out during all morning and just arrived now. At this values seems wave ii of iii already finished! Stop at 1068 points. In this chart I show my principal count and at grey the alternative count. Good lucy to all :)!.

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