Elliott Market Waves

Tuesday, May 3, 2011

Following one of my last charts I believe wave c or iii is still underway!

EDIT: I want to sayed wave d or iv and not wave c or iii.

SPX daily update

Following my last charts seems wave iii or c finished today so I expected some pullback at short term. Tomorrow I will show my charts at medium and short term.

Thursday, April 28, 2011

A diferent long term view. Mine, not Filipe's. The weekly MACD is still red...

Still a possible H&S trap. Be carefull
we should expect a retrace to 1340 and a "hold" if the H&S is true

good luck

PS: i'll be out till 09/05

SPX intraday update (Part 1)

Wednesday, April 20, 2011

These last days my job is killing me... Despite this, nothing changed since I showed my last updates.

SPX - by moguita - update

we had a "H&S trap".
We need to see 5 waves from 1294 to rule out the truncation 5 or the abc down for a large C (Alternative count in blue).
another alternative (not on this chart) in that a 5 waves up from 1294 will finish C wave for a final Z wave from 1007. This cenario coul bring a "inverted H&S trap".

Good luck

SPX - by moguita - update

Monday, April 18, 2011

not much to add

good luck

SPX - by moguita - update

Friday, April 15, 2011

H&S or inverted one?
for now i'll keep the 1-2 count

Good Luck

SPX - by moguita

Tuesday, April 12, 2011

Alternative count to Filipe ending diagonal (not sure if wave one was a leading diagonal).
Red is the primary one ;) and blue secundary.
Against the red one, is the fact that futures didn't made new high in 08/04, like did cash. So, it may turn out to be an abc down.
The INDU did hit a new high, for that reason i'm considering a possibility of a truncation

Good luck

PS: We don't need no IMF
We don't need no thought control... lala lala-la la-la-lala

SPX daily update

Monday, April 11, 2011

Following my last update these choppy waves sugest wave 5 may underway (primary count). At this point wave 4 from this update don't make sence cause the time action,