SPX intraday update (Part 1)
Tuesday, June 8, 2010
SPX daily update
Monday, June 7, 2010
Last session defined the trend for the next coming days. The end of wave ii at 110x's suprise me as I expected a test at 112x's during the open market.
If wave ii already finished, I will not expect any decent pullback in the next days and if this happen will be a great opportunity to add shorts until the 109x's area. At short term the bears are in control and the trend follow the downside, so the bulls must be caution .
Read more...
Good Weekend - Metal Tribute!
Saturday, June 5, 2010
Venom are a heavy metal band formed in 1979 in England.
Coming to prominence towards the end of the "New wave of British Heavy Metal", Venom's first two albums – Welcome to Hell (1981) and Black Metal (1982) – are considered a major influence on thrash metal and extreme metal in general. Venom's second album proved influential enough that its title was used as the name of an extreme metal subgenre: Black Metal.
P.S. During the weekend will show my EW's counts (primary and alternative) at short term (at medium and long term nothing changed). Read more...
SPX intraday update (Part 4)
Friday, June 4, 2010
My counts fail :(. Need more time to understand this action.
Read more...SPX intraday update (Part 3)
Despite the possible H&S's at 5 min, by EW's SPX need one last low to complete this flat wave.
Read more...
SPX intraday update (Part 1)
At medium term I'm still bearish and began to look at this alternative count. At short term, this wave to the downside don't seems impulsive but a flat wave. So I expect another move to the upside! This and the last chart are my favourite counts for the short and medium term. The next move will be important to define my primary medium term count.
Read more...
Subscribe to:
Posts (Atom)
