Today I will leave on holidays to Croatia, until 29th July so I wish you all excellent trading weeks until my return. However, during my absence, this "home" will have a special guest with daily updates through my great friend Ph Neutral, who is also an excellent ellottitian. Until my return enjoy some pictures from Croatia.
P.S - See my last SPX and DAX updates below this poster.
Looks like DAX is doing, also as SPX, in this wave iv some kind of triangle. Expect some test at the 5100's and then some pullback until the 4800's.
At short term looks (cash chart) wave iv is still underway but as i sayed at July 16 this principal wave (i or a) may will finish at 95x's. If this occurs the wave ii or b may will do 50 % Fibonacci retracement and the gap between 905-912 will not filled.
Finally weekend... :))))))) During this weekend i'll update my SPX and DAX charts, but until now i don't see any reason to change my counts (today i don't have any doubts that SPX is at wave iv rose as i showed in my last update).
Today SPX seems doing another triangle. If this count is correct SPX will do another higher high and the H&S at DAX is not valid.
Seems another triangle for DAX and SPX. Until now didn't have time to revew my count in DAX.
Don't change my count since my last update but still have doubts if this first wave i of Z had finished.
These waves (rose and orange) need confirmation (see the big picture of this wave on last update).
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