SPX and DAX daily update

Tuesday, March 10, 2009



So we are on minor wave iv. SPX and DAX made a good short squezze and closed at the 23.6 % of Fibonacci. Usually, this waves are complicated to negociate due normally are complex. In my sharts i made a simple abc but i expect more abcde during 10-14 days. While SPX is doing 12345 waves in this wave v, i suspect that DAX will do more in abcde. The principal areas to be short or close the longs are between the 38 and 50 % of Fibonacci retracement.

Read more...

SPX and DAX intraday update (Part 2)

As suspected, during the morning, the minor wave iv is developing. I will post the charts latter.

Read more...

DAX intraday update (Part 1)


DAX is doing some simple abc or a complex abcde corrective movement. I will see later the big picture.

Read more...

SPX intraday update (Part 1)



SPX test again the trend line and doing some kind of triagle. I don't negociate triangles due the trend lines can change easily.

Read more...

DAX intraday update (Part 1)

New sings on DAX maybe means that we are already on minor wave iv. Charts latter.

Read more...

Disclaimer

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