Elliott Market Waves

Wednesday, March 4, 2009

DAX continues strong so maybe this is the wave IV...or maybe not :). Two different counts but now seams that this is the wave IV less strong than expected.

Tuesday, March 3, 2009

I expect also new lows for DAX.

Everybody believe in a rebound and everbody wants to catch a bottom. This is nice for the bears :). Crasy days... SPX close in the lows of the session and VIX fell 3 %. We need more blood and more panic, if not SPX will have a slow death.

SPX intraday update (Part 3)

Only a new higher high turns this wave like IV but i don't believe in this upside.

SPX intraday update (Part 2)

My two cent for SPX. We need strong evidences that the wave III is over but we don't have these evidences. I believe a strong start for the wave IV, so keep eyes open.

SPX intraday update (Part 1)

Maybe this wave v of III is not yet finished and for now this is my prefer count.

DAX intraday update (Part 1)

Last day i see alot overlap waves so i prefer to close my shorts. Today with this poor gap up i think the sub wave v of the III of V maybe is not finished. For now my prefer count is the middle.