Monday, March 4, 2013

SPX ~ EOD ~ 4 March 2013

The SPX closed right at the neckline of the inverse H&S:



SPX ~ Elliott Wave Count ~ 4 March 2013

Updated SPX counts (matching with the Dow count now):



EUR/USD ~ 4 March 2013

The EUR/USD reversed at the resistance at 1.315ish and is now already below 1.30:


Friday, March 1, 2013

SPX ~ Intraday ~ 1 March 2013

Potential inverse Head and Shoulder :


The neckline at 1526 needs to be breached.

Dow Jones ~ Elliott Wave Count ~ 1 March 2013

The Dow corrected into the target area and is now rallying back towards yesterday's high:


If we manage to get above 14150, wave [iii] should be underway. The next obstacle is 14198 which is the all-time high. A break should lead to 14500-15000.

(Link to previous count)