Friday, June 18, 2010

SPX AM UPDATE [12:10 PM UPDATE]

 [12:10 PM UPDATE]


 Thank you Anon for pointing the wave 3 issue in comments below. This is a quick draft of the alternative to the count. The degrees were just pushed out.


[10:38 AM UPDATE]

SPX 1 MIN

[9:55 AM UPDATE]



  [9:42 AM UPDATE]



[9:30 AM UPDATE]


H and S to the lower channel for wave (2)?



[8:30 AM UPDATE]


A nested 1-2 for [5]?

SPX - 15 MIN

Here's the current count as I have it at 7:25 AM. Let's see...

6 comments:

  1. I think the count is not right.
    Wave (3) blue is the shortest.
    This is not possible

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  2. great observation Anon. that helps. move (3) blue to [3] black, it gives my triangle more weight. i'm slacking cuz of lack of sleep :)

    ReplyDelete
  3. You can also shift the black 1 and 2 down.

    ReplyDelete
  4. Sorry yours newest sp500's count is wrong. You don't have base knowledge about Elliot. I don't understand why you are using this technique :/

    ReplyDelete
  5. Anon,

    re: Anonymous said...

    "Sorry yours newest sp500's count is wrong. You don't have base knowledge about Elliot. I don't understand why you are using this technique :/ "

    thanks for the comment though it would probably be more constructive if you explained why it is "wrong". as of 4:32 PM PST, SPX futures (sept) is up ~13pts, which would correlate with my count posted at eod Fri. GL!

    ReplyDelete