Blog news

Close my shorts of DAX and SPX due the session is very flat to me.

DAX intraday update (Part 2)

An alternative count for DAX.

DAX intraday update (Part 1)

I think we must have more blood on DAX.

DAX daily update

I think DAX has more potential to fall than spx. The wave iii still lower than wave i and i expect that this downtrend will accelerate tomorrow. As i sayed last week i will expected the 3500-3600 points.

SPX daily update

As we are near of the end of this downtrend is better have an open mind and stops due the principal wave iv of V maybe start aggressively. I give a big picture and two alternative counts which shows that this sub wave iii of V may will finished near of 700'ish (conservative count) or below that (agressive count). Personaly i will follow the conservative count.