SPX daily update

Wednesday, March 4, 2009

The minor wave iv is developing. Possible targets between 740 and 780 points.


DAX daily update

So, as i suspected during this morning, wave IV is developing. Since minor wave 1 was higher than wave 3 i will give 3 alternative counts for DAX. With this rebound i believe that this principal wave V is doing some king of abcde correction.

Targets to have attention: 4055 (38 % retrace) and 4175 (50 % retrace).


SPX update intraday (Part 1)

An alternative count for spx. With the DAX strong i must have an alternative count but confirmation of the possible wave IV only with a new higher high.


DAX intraday update (Part 1)

DAX continues strong so maybe this is the wave IV...or maybe not :). Two different counts but now seams that this is the wave IV less strong than expected.



The opinions listed on this blog are of the author only, and shall not be deemed as financial advice, or any other sort of advice. All visitors to the blog should do their own research before making any decisions. This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses any one might sustain from the content provided. Author is not a registered financial advisor. Author does not engage in dispensing financial advice.

  © Free Blogger Templates Nightingale by Ourblogtemplates.com 2008

Back to TOP