Eurostoxx DAILY CHART - Yesterday a nice increase, we have still a whole lot further upwards to go obtaining confirmation that a bottom has been put now. The partial count of the waves is still holding open the possibility that only part of wave 3 has been put. In that case, it would now be to the four up and there would be a final wave 5 down some arrive. On an hourly basis there is already a Negative Reversal, this will only be gone at prices above 3200.
DAX DAILY CHART - A nice increase yesterday, but now we have to go above the 10140-10150 before the picture looks better. When we see prices above 10150 than the 10200 is winkling as heavy resistance. For now so no cheers for the bulls.
ES (future S&P500)
HOURLY CHART - "Yesterday the current wave down reached the maximum to be able to speak of a wave c. If we are falling down below 1890, it is not c, but a 3, then a 4 up and a 5 down should follow." The market has not been decided yet if we are going even lower. A large negative reversal has already been formed here, which will only be gone at prices above 2020, and that is still a long way to go.
