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Tuesday, June 19, 2012

$SPX: EOD EW count and forecast

Yes. Maybe wave 3 is in place and wave 4 in play. IF this is right, tomorrow should be a red day. The last wave 5 will be dangerous IF this count is right. Check it out.

The post,below, was in real and exact time.

$SPX: 14:12 ET EW count and forecast,Update.

$SPX: 14:12 ET EW count and forecast,Update.

$BAC: EW count and forecast.If wave 4, max target=8.40

IF 8.40 is broken, will be bullish. If not, be careful an expect a turn down as a wave 5.

$SPX: EW count and forecast. Again, be careful with this wave 2,rally.

Big picture.

Little picture

IF we are right, a wave 3 could turn around markets, very quickly. We don't know when but the HS neckline ( gold fine dotted line) can give some clues.