Any questions?

Wednesday, September 26, 2012

$AAPL: 1 hr EW count and forecast. EOD. Tomorrow subminuette wave 4,up, in play

661.22 ( 23.6% retracement of minor wave 4) has work as a support,today. Maybe,tomorrow we can expect a subminuette wave 4 retracement?

$AMRN: Median has been broken and,after, work as support. Tomorrow should go up?

As we call in the am sesion,AMRN need to break the median so we can be sure to go up to 12.88 as we are targeting this wave 4. The median has also work as support so,maybe, the odds favor the upside move.

$AMRN: Pitchfork. Need to break the median line to continue up to 12.88

Median line: Dotted line.

$AMRN: EW count and forecast. Waiting a pullback to 12.88

$SPX: EW count and forecast. Confirmation wave 4 is in play.

Pitchfork with fibonacci lines is confirming wave 3 is in place and wave 4 is in play. 1,434.90 is the line on the sand for triggering bearish mode, because it was where QE3 rally start.

$AAPL: 23.6 % Fibonacci retracement at 661.11 working as first support.