c0les0

c0les0

The impulse of the 5th wave is almost fizzled out. Monitor the upside very carefully - we have a minor divergence on the 3-5 waves already.

c0les0

According to the wave structure I expect to see a downside of SPX starting from tomorrow after reaching target zone of E in the range 2880-2900

c0les0

Seems, EDT is over, as the price just went through the 2636 level, which should be unbreakable for the short scenario.

c0les0

Forming midwaves of 3 in E. Going to re-test 2595 and then fall to 257-2550 in next 10 days. It's not an advise, only one of the variants)

c0les0

Since mid of April DAX preparing to start impulse uptrend again in front of good/neutral news from Greece.

c0les0

Seems, DAX tries to build W-X-Y flat zigzag and now started to build Y. I see a good opportunity to short DAX after confirmation of downtrend on Heikin-Ashi chart (red bars) and declining MACD.

c0les0

If the size of 5 is about to equal the size of 1 and 3 -- is the greatest wave in this 5 wave correction of the big A, then we will see the end of 5 near to 68 mark at the beginning of June.

c0les0

An diagonal triangle 1-2-3-4-5 of C wave is over. Waiting for the breaking of the resistance 6.80-6.81.