Elliott Market Waves

SPX daily update

Thursday, February 25, 2010

SPX finished another session above the MAE50. Despite the bearish counts and the corrective pattern everthing is still possible since yesterday lows. Nothing changed since yesterday and this post is still valid. At short term you can see my last chart at chat room. Good night to all.

Bear Market Armageddon: Why Prechter Might Be Right This Time

Wednesday, February 24, 2010

P.S. My last charts can be seen in the room chat.

SPX daily update

Tuesday, February 23, 2010

Finnaly the bears reacted :)! Despite this, following this chart, the both counts that I present today still possible. Tomorrow the bears need another good sell off to eliminate the bullish count.

SPX intraday update (Part 3)

At moment this is my best count for SPX. Latter will confirm this count with SPX cash (cash made his high on friday).

DAX intraday update (Part 1)

At moment this is my best count for DAX.

SPX intraday update (part 2)

Seems wave ii finished this morning. Chart latter!

SPX intraday update (Part 1)

As expected today SPX already made a new high. However this pattern seems a triangle so it's possible (again) a new high.

SPX daily update

Monday, February 22, 2010

Nothing to add since my last update! Time to sleep and rest :). Good night and sleep well!

SPX intraday update (Part 1)

Boring session could means some wave iv is underway! Despite my doubts (you can see in my chart what they are) I belive new highs during this session or tomorrow. The bullish case is also possible and to eliminate this count SPX needs to stay below the MAE 50 (+-1100).