SPX intraday update (part 2)

Friday, June 11, 2010

My primary count at short term following my last charts from SPX and DAX.


SPX intraday update (Part 1)

Since May lows and with yesterday rally labelling this waves as impulsive began to seems inappropriate. Following my last DAX chart maybe SPX is labbeling a possible complex triangle.


DAX intraday update (Part 1)

Sometimes I need follow another indices to undertand better what SPX is labelling. My alternative indice is DAX. What I see, since the April highs, is a huge triangle. As I don't believe in new highs during the next weeks as wave A (blue) had 12 months and it's needed more time for this wave B (at least 3 month). How this count fit SPX? I must see after lunch.



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