SPX intraday update (Part 1)
Since May lows and with yesterday rally labelling this waves as impulsive began to seems inappropriate. Following my last DAX chart maybe SPX is labbeling a possible complex triangle.
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DAX intraday update (Part 1)
Sometimes I need follow another indices to undertand better what SPX is labelling. My alternative indice is DAX. What I see, since the April highs, is a huge triangle. As I don't believe in new highs during the next weeks as wave A (blue) had 12 months and it's needed more time for this wave B (at least 3 month). How this count fit SPX? I must see after lunch.
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