I like very much count DAX cause somethimes his waves are cleanest than SPX. What i found in this chart is dangerous at short time for the bears (maybe the P2 has even more to go up) but i must need SPX confirmation and at same time incorporate this count at the big picture. Best to your trading.
5 sub waves maybe finished the impulsive upside since yesterday lows. Let's see what they do during this day.
Short term we had to go back to the impulse count.
Think this count is more bearish since the impulse invalidate the final ending diagonal scenario. It could be the final impulse up of a C wave. Remember that ending diagonals are made of abc's.
Comments on the charts. For now, nothing change has we keep expecting a decent drop at these levels.
Best to your trading
PH
© Free Blogger Templates Nightingale by Ourblogtemplates.com 2008
Back to TOP
