Elliott Market Waves

SPX update (alternative count)

Thursday, March 28, 2013

Nothing changed since my last update but today I choose to show my alternative count!

Actually seems this last wave (if is still in play) will be with choppy following an ending diagobal pattern. So the odds suggests that this pattern will be finished bettween 1560 and 1570. Good trades.

spx update

Tuesday, March 26, 2013

At this moment the waves aren't clear and SPX is still in the range 1640-1560. Several counts are possible but today I decided to show a possible ending diagonal in this last wave 5. Good trades to all.

spx short term count

Friday, March 22, 2013

Today's actions don't seems impulsive.

spx update

Two options are still in play. Good trades.

spx short term count

Thursday, March 21, 2013

Following my last chart wave ii of v is underway. Good trades.

spx update

After 2 days is clear the movement since the highs isn't impulsive. So the odds sugest wave 4 finished yesterday and new highs will be made very soon. Good trades.

spx update

Wednesday, March 20, 2013

Nothing changed since yesterday. The bears need a good sell off but at this moment the market seems labeling some kind of a triangle. Good trades.

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.