DAX daily update
Thursday, January 29, 2009
I think in DAX we will see the wave iv during the morning of tomorrow.
SPX daily update
SPX may extend a little more this upside wave. The fall before the close seams more corrective and typical of wave iv. In this wave iv i made two possible counts but i prefer the abcde count because usually these kind of waves are more complex. Possible final target of this upside (wave ii) about 88x-89x points.
What a feeling...
These days my head fells like a washing machine...
but when the bulls play with triangles and corrective combinations can be caught!!!
SPX intraday update (Part 1)
Sometimes if you don't understand Elliott waves or they are too choopy is better follow the channel. Try to see the futures, cfd's and cash to have a better "image" of the markets.
DAX intraday update (Part 1)
DAX is doing, also, some kind of a corrective combination.
SPX daily update
The markets are still very choppy but i think the final target of this wave ii will be between 860 (second picture) or 890 points (first picture).
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