DAX intraday update (Part 1)
Wednesday, May 20, 2009

Latter i will try count DAX (big picture) but now seems this wave (subwave?) is close to finished.

Latter i will try count DAX (big picture) but now seems this wave (subwave?) is close to finished.


This pullback at the end's session was expected, so i don't change my count again. The 900-890 must support this "small" pullback to SPX complete this wave v through 12345 or abcde subwaves.

After these days away my bull count is still alive, so this is my primary count.
These last days i worked all nitgh and day. Needless to say that i'm exausted to do any update.
Don't be sad, i know you miss me (lol), so to make up to you here's the good news: tomorrow my counts will come back to live again!!!


Today i only have time to show my primary count (bear). As expected, SPX had a rebound and made waves "a" and "b" (at close) of (ii) of (iii). So expect some test on 90x's and then a huge sell off. Don't forger this count is valid until 914,16 points (cfd's).

Today i bring two different perspectives and now my preferencial count is the bear count. However, i'm still on sideways cause i'm working 20 hours/day until next Tuesday and don't have much time to trade. I will try enter short on 90x's with tight stop.
P.S. Gostava de responder aos vossos comentários mas até 3ª feira vou andar com "eles" bem apertados, no entanto as vossas visões são sempre uma mais valia para este blog e para as pessoas que o visitam. Obrigado a todos pela vossa colaboração :).


Alot work to do and not very time to made counts but i keep thinking that SPX needs at least one more residual highs.
P.S I change a my count since the 84x's.


Sorry guys, i know that you are bearish on short time, but what's different in this downside with the past, since this bear rally? Truly, i don't see nothing.
Only i can see are two/fours days with corrective waves and then the bulls control the trend again. So, i expect, for the last time, that the bulls control again this trend.
We must have some patience to kill this bull.


Not change my counts and it's possible some kind of rally at this point. Let's see what happens.
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