SPX intraday (Part 2)

Friday, February 20, 2009

My conservative count for SPX.


SPX intraday update (Part 1)

This is my two cents for SPX. I don't see yet the micro wave iv so i expect some up side to complete this micro wave and maybe another downtrend wave. Similar count to DAX.


DAX intraday update (Part 1)

I've been following the big picture and now, it seems to me, that this is not the sub wave iii of V. To change this idea i must see a huge sell off on DAX. In short term i think its still missing one mini wave down to complete this downtrend.

P.S. SPX is already in 77x's and DAX still above the 4000's. To me is very strange. The stop of my count in this possible mini wave iv is on 4200 points and is not as i show in the picture.



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