Monday, March 9, 2009

SPX and DAX daily update



Very choppy session and i only see abc's in each movement. I don't like trade this movements and i don't see any reason to stay inside. In general, i think we are doing some kind of ending diagonal triagle and expected at least one more low to close this minor wave iii.

SPX intraday update (Part 1)


Don't change my count unless SPX do a new higher high.

DAX update intraday (Part 1)



DAX maybe is doing some kind of ending diagonal triagle.

SPX daily update



I don't see any reason to think this is minor wave iv but i have two different counts to present. Due the DAX i prefer the first count.