Wednesday, February 4, 2009

DAX intraday update (Part 1) EDITED



Here's a difficult indice to count but i think that DAX is making same kind of a triangle or maybe an impulsive sub wave. In the chart i show the different options.

SPX intraday update (Part 1)


I think is missing one leg up to finish this uptrend.

SPX daily update



I will try do this update tomorrow since this week i have alot work to do during the nigth. However, i think that SPX can raise a little more (maybe a test on 848 pivot), making a similar movement like the last wave ii.