SPX intraday update (Part 1)
Thursday, April 2, 2009
Some corrective and complex wave. I don't think this is the mayor 3. Let's see what SPX will do in the open.
SPX daily update
I'm trying to keep it simple but this market stay hard to count waves. I'm not married with this count but is the better i can do. Probably this wave II is doing some kind of expended flat.
P.S. Tomorrow i will do the DAX count
SPX intraday update (Part 1)
Wednesday, April 1, 2009
Maybe is missing the wave c of B to finished the yesterday movement.
DAX intraday update (Part 1)
Sorry about the apresentation but i don't have time for better chart.
SPX daily update
I think it's better count todays wave as wave B of ii despite the missed interception with the wave i of A. The last half hour on SPX was probabily the beginning of wave C of ii.
SPX intraday update (Part 2)
Whith this uptrend i must change my count and see this movement as wave B of ii.
Read more...
DAX daily update
I have two possible counts for DAX but, as i expect one minor wave iv for spx, i prefer the similar count for DAX. Despite this, i expect some support in the 3940 area due is the 50 % of the retracement.
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