Oct 2, 2014

Update

UPDATE: I have looked at the DAX - three legs lower each 350 points... I can not see an impulse only triple zigzag.
Are we seeing 2 of an ending diagonal??? I am confused, the weekly chart looks awful the pattern on the daily chart says corrective move.
BTW. the EW targets worked great:) 13-14 points from the bottom so far.


I see this two scenarios... the next bounce will tell us what is going on. Weak one testing the 1950 - the red scenario. Impulse and strength above 1950 the white one.
We have technical damages so even if we see a bottom now, I do not think that we will see a new ATH.
at

2 comments:

  1. kkandruOct 2, 2014, 9:54:00 PM

    Hi,
    Thx for update. certainly in big correction. if NFP comes good tomorrow, any chances of final high? this looks like pure manipulation to me


    ReplyDelete
    Replies
    1. KrasiOct 3, 2014, 6:22:00 AM

      Do you mean final low:) Yes I think the chances for a final low are high

      Delete