SPX intraday update (Part 2)
Wednesday, July 8, 2009
Seems the bearish count (no flat wave) wins. Down here we go!
DAX intraday update (Part 1)
In DAX cash is more difficult to find one flat wave so for now this is my primary count.
SPX daily update
After this day i still have doubts about the better scenario. As i sayed at the afternoon this wave looks more corrective than impulsive so my primary count is the 3-3-5 scenario (flat wave). Despite this the upside is too limited as you can see in the big picture chart.
DAX intraday update (Part 3)
Tuesday, July 7, 2009
Maybe already wave iii began but i need to see the next pattern to be sure.
P.S1. Alternative count is this wave ii will be irregular and DAX began wave C of ii.
P.S2. NDX made also new lows.
SPX and DAX intraday update (Part 2)
This move seems corrective but if SPX and DAX do new lows i need some time to understand better this pattern.
Read more...DAX intraday update (Part 1)
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.
SPX intraday update (Part 1)
Corrective wave underaway. Possible double zig zag, ending diagonal or wedge.
SPX daily update
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.
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