DAX intraday update (Part 1)
Tuesday, May 26, 2009
I haven't words that describe this pattern :))).
SPX daily update
My last SPX update is still valid so i expected another test at 87x's area and then maybe new upside with out new higher high.
Moreover everybody sees an H&S's but despite being also short on SPX i will be very careful and see the reaction at the 870x's area.
DAX daily update
Finally had time to count DAX and the patterns are messy. So i will be careful with my shorts cause this pattern is corrective and at same time i can see a possible inverted H&S's. To invalidate my count the 465x's points must be broken hardly. Maybe DAX will do another higher high when spx complete the wave ii of his downtrend.
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