DAX daily update
Monday, January 26, 2009
Dax is doing some kind of "ending diagonal triangle". So, i expect new lows during this week.
Good weekend
Saturday, January 24, 2009
Hard week for the bull and bears with a lot of volatility and uncertainty. I hope next week everything is more clarified. During the weekend i will do my updates.
SPX intraday update (Part 1)
Friday, January 23, 2009
The count is complicated but i don't believe that wave ii is already finished. So, maybe SPX still in wave iv of principal i doing some kind of triangle.
DAX daily update
Similar count to DAX and be careful for the possible triangle. If DAX broke the trend lines (support or resistence) the movement may accelerate.
SPX daily update
Thursday, January 22, 2009
Another difficult and complicated day for the bulls. When everybody expected rises for today, SPX decided counteract. During all day i thought, everything's normal, despite the high retracement, but the reaction after the test of the 839 points made me think about it. For this reason i will show two possible counts and beware the possible triangle that can be being drawn.
DAX intraday update (Part 2)
DAX had done already the principal wave (A) and is doing the principal wave (B). Maybe this principal wave will be on 3-3-5. I don't think that this uptrend had finished.
DAX intraday update (Part 1)
DAX already made 5 waves so i think this is the wave (b) of ii.
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