SPX 875.75
23.12 – 2008Well, at so far it went up to 878 which is also 23.6% resistance. Then corrected 78.6% with expanding diagonal at 872 and now trying to hit 878 top again.Nice small size rally or start of it, but so far...
Read More23.12 – 2008Well, at so far it went up to 878 which is also 23.6% resistance. Then corrected 78.6% with expanding diagonal at 872 and now trying to hit 878 top again.Nice small size rally or start of it, but so far...
Read MoreAt 859-863.It didn´t hold, trades now at 854 (could be overthrow). SPX 850 (848) is next support. This might be a bit risky bet that we´re placing zigzag bottom and NOT placing any IV yet, but I´ll buy some...
Read More22.12 – 2008Lazy X-mas ZigZag Path & Chart. It looks pretty passive one, 61.8% lower point might come later today, 50% retracements mostly comes with more simple A-B-C formats.Alternate or bigger view would be my B...
Read More2009It´s time to wish season greetings.As investment banks tends to give targets – I´ll join the the group. Below is some targets I expect to see during first half of 2009. My best call for 2008 (plenty of...
Read MoreI checked this weird wedge SPX have as chart below pinpoints, DAX have exactly the same, but these does not fit for normal wave structure, there´s no single impulse inside on there. I suppose A wave can build this kind of...
Read More19.12 – 2008Pretty interesting thing started to happen actually, just when it just looked alike too boring. Firstly, SPX still keeping offering these bear diagonal shorting setups time after time – which are my...
Read MoreC/4 started to progress as expected. I traded break-out 38.2% with EuroDollar with Fed, but shorted it today as my 50% (1.4200) was met. Macd is falling very deeply while price is more conservative to come down (100 – 150...
Read More24 hours before FED will do rate cut and we´re starting to reach that zero (or soon negative) yield, I checked eur-usd and spx charts plus some others. My previous SPX came perfect meeting 50% / 830 points and taking...
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