SPX intraday update (Part 2)

 

Not good for the bulls.

SPX intraday update (Part 1)

 

Looks like ending/leading diagonal underway. Truly don't expect new lows. If this happen , maybe this wave v of i will be extended (don't expect this cause wave iii of i was already extended) . Good luck.

DAX intraday update (Part 1)

 

Quick chart before lunch :). Possible test on MA200 is possible due the EW's count at short term suggest new lows.

EDIT: At 15 min chart the EW's count suggest the end of wave v of i.