If SPX made new highs this wave v can be expanded.
Monday, March 23, 2009
SPX intraday update (Part 2)
I count 5 waves since Friday's lows so SPX may had finished this wave. Enter short again with stop in the new highs.
DAX intraday update (Part 1)
I don't have any bullish count for DAX. My prefer count for it is the same: ending diagonal triangle. Any one can put a bull case for DAX? I appreciate that.
SPX intraday update (Part 1)
During this weekend i had several problems with my computer. Due to this i don't made my updates. About the spx, i don't have more doubts that had already finished the minor v. This new upside made me choose the bullish case due i count the thursday and friday movement like an abc. So, i expect new highs soon. My prefer count says that spx is on minute wave iv or is already on minute wave v of minor 1.