DAX intraday update (Part 1)
Tuesday, July 7, 2009

The big picture primary count of DAX is similar with SPX count.
Until now this wave ii seems very weak so probably is not over.

The big picture primary count of DAX is similar with SPX count.
Until now this wave ii seems very weak so probably is not over.

Corrective wave underaway. Possible double zig zag, ending diagonal or wedge.

Despite the alternative counts this chart is only to remember my primary count :P.
Tomorrow expect the continuation of this sub wave ii and maybe the beginning of wave iii.

My 2 cents for SPX cash (wave ii of iii or c began).

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Good weekend for all and enjoy it!
5 waves already on DAX. Maybe is time for rebound.
Read more...
My count still the same and expected some rebound in next monday. After that the bears will crash the 870-880 support area.
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