SPX intraday update (Part 1)

Friday, February 18, 2011

Until now the market didn't fall.  On other hand I can't see impulsive waves for the downside.
Conclusion: The bears must be cautions and have tight stops cause the bulls are still in control.

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SPX intraday update (Part 2)

Thursday, February 17, 2011

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SPX intraday update (Part 1)

Waiting for some trustfull waves...Despite this my primary count still the same.

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SPX intraday update (Part 4)

Wednesday, February 16, 2011

Following my last two options the 1332.96 is the key. It's important understand if this last pattern is corrective or impulsive. Let's see what will happen!

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SPX intraday update (Part 3)

For now there's no reason to change my primary count...but is also possible an alternative bearish count. At cash we can see easily this count.

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SPX intraday update (Part 2)

Looking for some ED.

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SPX intraday update (Part 1)

New highs but wave v still not completed. Charts very soon.

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SPX intraday update (Part 2)

Tuesday, February 15, 2011

Chart following my last update.

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SPX intraday update (Part 1)

Primary count - The same. Wave iv finished this night with a expanded triangle.
Alternative count - The same.

Charts latter! Good day :).

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