SPX and DAX intraday update
Wednesday, July 15, 2009
Huge short squeeze and the bull is back! Until the sessions end i didn't see any bearish signs. Latter i will do my updates.
Huge short squeeze and the bull is back! Until the sessions end i didn't see any bearish signs. Latter i will do my updates.
New trend started (wave Z) so new highs will be made during the next weeks. In short term i still don't see any bearish signs.
Read more...
Possible bearish wedge.
EDIT: Not bearish wedge but maybe SPX is doing iii or v of final v.
Today is the day... or we started new uptrend with new highs or we have a mini crash. Despite this i expected sell off during the afternoon.
Nothing new to say. Expect for tomorrow gap up and then sell off.
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