SPX and DAX daily update

So we are on minor wave iv. SPX and DAX made a good short squezze and closed at the 23.6 % of Fibonacci. Usually, this waves are complicated to negociate due normally are complex. In my sharts i made a simple abc but i expect more abcde during 10-14 days. While SPX is doing 12345 waves in this wave v, i suspect that DAX will do more in abcde. The principal areas to be short or close the longs are between the 38 and 50 % of Fibonacci retracement.

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SPX and DAX intraday update (Part 2)

As suspected, during the morning, the minor wave iv is developing. I will post the charts latter.

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DAX intraday update (Part 1)

DAX is doing some simple abc or a complex abcde corrective movement. I will see later the big picture.

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SPX intraday update (Part 1)

SPX test again the trend line and doing some kind of triagle. I don't negociate triangles due the trend lines can change easily.

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DAX intraday update (Part 1)

New sings on DAX maybe means that we are already on minor wave iv. Charts latter.

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