SPX intraday update (Part 1)
Friday, June 5, 2009
For now the bulls control the trend so most likely the existence of leading diagonal (the pattern is not perfect but is what we get).However i believe one test on support area (935-940).
SPX daily update
Sometimes this corrective waves are hard to count but the key area (94x's) was conquered by the bulls and now they have everthing to do new highs. Since the yesterday lows i don't see anything impulsive in this wave but i consider this wave like a leading diagonal.
P.S. Because of this movement covered my shorts at 940.
SPX intraday update (Part 2)
Thursday, June 4, 2009
Seems a triangle and my alternative turns to primary count.
SPX intraday update (Part 1)
Not change my last count. Maybe for now the highs were made.
SPX daily update
I didn't like the last spike in spx so in this last chart i have in grey my alternative count (double zig zag).
SPX intraday update (Part 7)
Wednesday, June 3, 2009
My microwaves for spx. Must confirm latter :).
SPX intraday update (Part 6)
No changes in my last count. SPX is still in wave iii (extended wave).
SPX intraday update (Part 5)
I clarify my counts without truncations and until 94x's (without thinking about micro waves) this is my final and primary count so for now i don't have count for bull case.
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