DAX dialy update
Monday, February 2, 2009

Different count for DAX. Let's see what happens today.

Different count for DAX. Let's see what happens today.

Possibly the sub wave i of wave iii of principal wave v was completed on the minimum of Friday's session. I sustain that due the large interception waves, during the development of the mini wave v of sub wave i. However, i leave a possible count in case this mini wave v is extensive.
It was difficult to count waves, during these last two weeks, but finally we have an impulsive wave. All the best in this weekend and hope that you are prepared this upcoming big wave. During the weekend i will do the respective updates but until then listen this beautiful song from Portugal.

It is too early but i'm in love with this possible scenario :).

DAX must fall fast and harder to invalidate this "ending diagonal triangle".
This is my preferencial count due the trend line was broken so i think we maybe started the wave iii. However, i will wainting values above the X wave.
So... maybe is also only a (b) wave of this last movement and SPX may finished this wave near os 88x's (if c=a).
On other hand, in cash, SPX maybe will do H&S.
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