Today only see abc's down and abc's up so maybe we are in ending diagonal.
Some drafts of my charts (began to do some charts for me but then i decide to add in my blog). Latter they will be more cleaner.
My bear count was invalidated today (despite this i have another alternative count) so the bull count is alive. However after a rise of +-50 points in two days, i expect some correction at these values. Due the weak retracements it's hard to say if this first abc was finished but tomorrow with more data the picture will be more clear.
EDIT: I will not play the (bear) alternative but maybe the market want to fool everbody.
My shorts were stoped but some correction type seems near. Reenter short below 940 with stop at the highs session.
One more high and then let's see what will happen.
My alternative count for SPX. We must be careful because this possible movement will accelerate to one side.
P.S. The bear (yesterday update) and bull (today update) counts are similar for DAX.
Nice gap to enter short but maybe is still missing new highs on short term.
Finally new highs were made for DAX :). Now let's see if this wave will be extended.
I change may SPX count cause the futures made already 927 points and exceeded the beginning of my wave b. I think SPX is doing a corrective combination cause the pattern seems very similar if you compare the chart with the Figures below.
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