Wednesday, May 26, 2010

SPX daily update

Today decided to show two alternative counts at short term for SPX. Why? Cause DAX count. My primary count label perfect 5 waves and cause of that the odds suggest a rally in the next days. But why not another lower low tomorrow? Just in case, if this happens don't get in panic cause maybe the alternative count is in play! 

DAX daily update

Something is missing on DAX. If tomorrow the channel is broken this maybe will be the possible count for medium term. Truly I'm not in love with this count and still prefer my last DAX chart!