Elliott Market Waves

spx update

Tuesday, March 19, 2013

Today I show two options that are still possible after today's action.

For now the waves aren't clear but is still possible that wave 4 were finished last nigth. Waves 4 don't extend to much but at same time the wave until the 1535 don't seems impulsive. So let's see what "they" will do tomorrow. Good trades to all.

SPX update

Monday, March 18, 2013

At this point I will consider wave 5 of C of Y already finished. Wave D of Y underway. Latter will show my updated charts. Good trades.

spx update

Friday, March 15, 2013

Looking for some triangle for this wave 4.

spx update

Thursday, March 14, 2013

Possible count at short term. Following my count wave 3 of 5 is close to finish.

spx update

Since last highs SPX labell a descending triangle however this triangle may change to another corretive pattern (alternative count at short term). Despite this, I will expect new highs very soon. Good trades to all.

SPX update (intraday)

Wednesday, March 13, 2013

Possible mini triangle underway.

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.