Any questions?

Thursday, October 18, 2012

$AMRN: Alternative EW count. Working fast.

This is a valid alternative EW count because we have a third EW rule line above the 50 % fibonacci retracement and it's working now.

$AMRN: EW count and forecast.

In a hurry we are in a wave 2,down with a max target: 10.35. This is hapening so fast that we can't say if this is a subminuette or a micro wave.

$AMRN: EW count and forecast relabeling. Minute wave 1,in place and minute wave 2, in play?

11.15 was a clue but, because price could break it with strength, was a bullish clue and we dont see it. Remenber the Theory isn't incorrect is the counter (me) who was incorrect.

$AAPL: EW count and forecast. Microwave a near to be in place?

If we are right, some bullishness could put micro wave b on play.

$SPX: EW count and forecast.

Micro wave 3,down in play. 1,370 is the target of this retracement.

$AMRN: EW count and forecast. 11.15 continue as BIG support.

As we have call before, 11.15 is the support to break. Once it's break, this wave down may continue.

$AAPL: EW count and forecast. Subminuette wave 2, down, in play.

                                    50% Fibonacci retracement acting as support.