Any questions?

Wednesday, April 25, 2012

$SPX: This is the real EW count and forecast??

We think, that,maybe, the chart, above has "the EW count". Why?, because what happens on october 2011 is so,so similar, that, maybe this can be. This waves are, always, very though to count. 
What we haven't draw is that, wave a (blue) can be, alternative, wave 4,green, with a target of 1,330 and then "the last bear rally of this year so intermediate wave B (red in other post) could be in place and then....checkout my latest post with the "big picture". Cheers!

$SPX: Alternative count and forecast.

This alternative count is more bullish, in the short term (10 days or so). Both counts are bearish in a bigger time term ,with a target of 1,290, as we have target some days ago.

$SPX: EW count and forecast. 1,392 target reached?

Price is near our target from monday: 1,392.80. 

Monday, April 23, 2012

$SPX: EW count and forecast relabel.

Reallity has told us that our last count was wrong. Above is an alternative count with an upper target at 1,392.80 for wave 2. It could be another alternative, more bullish, if this fails.