SPX update (intraday)

Wednesday, March 13, 2013

Possible mini triangle underway.

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spx (big picture) update

At short term nothing changed which give me some time to (finally) review my big picture.

So, my primary big picture is still wave 4 underway in some triangle pattern as I previously posted.

However I change (a litlle) my primary long term count as this last wave seems impulsive. My last primary count is simply extended with a few more sub waves.

 

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spx update

Tuesday, March 12, 2013

Since last days the waves aren't clear but for now seems the bulls are still on clontrol.

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spx update

Friday, March 8, 2013

wave 4 of 3 underway. Good trades.

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spx update

Wednesday, March 6, 2013

Possible count at short term.

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spx update

Tuesday, March 5, 2013


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spx update

Friday, March 1, 2013

The bear case from yesterday are still possible but the odds still suggest new highs will be done. Possible inverted H&S underway and the 1498 may will be resistence for this correction. Good trades to all!

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spx update

Thursday, February 28, 2013

Yesterday I mentioned that today session would be very important to the short term count. Actually it happened!
For now, and with this rally, I changed my primary short term count. Since the last high's SPX made a simple zig zag so the odds suggest new high's  will be happend. For the bear cause (alternative count), SPX finished 2-3-3-1.

With this change, during the weekend, I must (again) review my medium term count (maybe another zig zag will be made to the upside). Good trades!



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spx update

Wednesday, February 27, 2013

My primary count is still the bearish case, despite today action. Tomorrow will be an important day to define better the waves. Good lucky!

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