DAX daily update
Saturday, September 19, 2009
Wave iv still underway and very close to finished. So next week SPX will have new highs. Good weekend for all of you :)!
DOW daily update
Hello there.
Today i leave a Dow update and all the shots were taken using my new software. The name is Metatrader 4, and in my opinion, with the right combination of indicators, can really give traders a good hedge. Just google it and give it a try. Before that you never want to hear about that Saxo platform again. Because it was created forex based, I recommend GCI metatrader, as GCI is a broker with all that indexes that we want: SPX, NDX, DAX, Gold, etc.
On the next updates i will talk a little about harmonic trading since it was the primary reason for this change.
Enjoy and best to your trading
PH
DAX intraday update (Part 1)
For short term the waves are not clear if wave iv already finished but very soon maybe DAX will have some pullback to complete wave d of this large wedge of wave Y (big picture).
You can see this count in SPX big picture charts on:
http://1.bp.blogspot.com/_XX1K8deKkBE/SrErrERxDXI/AAAAAAAAB80/qK0VOzW-1io/s1600-h/spx.jpg
http://4.bp.blogspot.com/_XX1K8deKkBE/SrEuMKMUYpI/AAAAAAAAB88/Dok--ECzlvI/s1600-h/spx.jpg
SPX dialy update
Still have some doubts if wave iii finished. However if tomorrow we have another choppy session the odds suggest this count is correct. Now is better wait and see outside.
SPX intraday update (Part 3)
Thursday, September 17, 2009
The minimum target was achieved. However since the morning lows the pattern seems unclear.
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