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techcharter

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techcharter

Re: None

Wednesday, 03/16/2005 9:37:04 PM

Wednesday, March 16, 2005 9:37:04 PM

Post# of 51809
German DAX wave d ending diagonal

The DAX is also risking similar fate as the SPX. I expect a rally the next 5 or so days. The stochastics are showing an ending diagonal as well, what a helpful filter.

http://stockcharts.com/def/servlet/SC.web?c=$dax,uu[w,a]dacayyay[dc][pb50!d20,2][vc60][iLp14,3,3!La1...

The FTSE looks like it is just finishing a wave 4, setting a new multi week low. If this count is correct, then I would expect it to truncate since the rest of the world markets are near the end of a wave 5.

http://stockcharts.com/def/servlet/SC.web?c=$ftse,uu[w,a]dacayyay[dc][pb50!d20,2][vc60][iLp14,3,3!La...


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