SPX and DAX intraday (Part 1)

Tuesday, June 2, 2009



Today only see abc's down and abc's up so maybe we are in ending diagonal.
Some drafts of my charts (began to do some charts for me but then i decide to add in my blog). Latter they will be more cleaner.

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SPX daily update



My bear count was invalidated today (despite this i have another alternative count) so the bull count is alive. However after a rise of +-50 points in two days, i expect some correction at these values. Due the weak retracements it's hard to say if this first abc was finished but tomorrow with more data the picture will be more clear.
EDIT: I will not play the (bear) alternative but maybe the market want to fool everbody.

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