DAX intraday update (Part 2)
Thursday, February 26, 2009

New count to DAX (draft). I still wait for a new sell off.

New count to DAX (draft). I still wait for a new sell off.

One alternative count for DAX. Wave iv and triangle looks good for me.

No changes in my count. I think this wave iv is finished today.
I think DAX is already on sub v f iii. So, i don't expect new highs in DAX and SPX. We must go down without mercy :))).

Dax already confirm that we are on wave v of iii of v.


As SPX and DAX had new lows during this week, i think that we must down again to close this wave iii of V.
I'm back from my weekend (fantastic days of pure relax) and this nigth i will do the SPX and DAX dialy updates.
It's Carnaval period and i will do some samba rest in Algarve. A great weekend to you all. Take care.
In the meanwhile stay tuned for some great hard rock provided by my friend Brian Kroll. Hope you like his band.
http://www.myspace.com/mysonthebum
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