Difficult days to understand where we are. I'm in a fight to see clearly if DAx is already on minor wave v. I prefer the DAX cash count but it's possible that minor v has began (Cfd's count). If DAX is not in the minor wave v, it miss only one minor wave up to finished.
At DAX, this time, i also preferred count in cash. Looks to me some kind of ending diagonal triangle.
Today i prefer to count the spx cash. Here we can see clearly that is missing the wave v of C. When i began to see an impulsive movement during the afternoon i suspected that was something wrong. But when i saw DAX in a corrective moviment i reenter short until my last intraday update. I think this wave v of C can go next to the 800's but with the RSI divergence i don't believe that can overcome this resistence.
I have serious doubts if we are already in the minor wave v. Maybe will be finished today :((.
Read more...
I hate this market :((( but i re enter short again.
I don't like this movement. Close part of my shorts to see what happens.
Read more...
© Free Blogger Templates Nightingale by Ourblogtemplates.com 2008
Back to TOP
