DAX

DAX Daily

Alternation guideline did not take place - both 2 and 4 are zigzags - what is strange.

AGN - Allergan Inc

AGN

Biotech in slow uptrend. Things will be little turbulent when wave 4 will come.

SPX - not giving up

SPX

Big re-labeling. Nothing to do here.

Attention, get ready for descent

SPX

Currently SPX posed for downside move. I must to admit, the current count looks ugly and easily can be argued. But unless rules are broken this is it. Next downtrend will target $1492 zone.

SPX says "I'm fine, give me another one"

SPX

SPX failed to create downside impulse. Another stage of wave re-labeling... nothing is invalidated, just things keep stretch in time.

You can buy some gold now

XAU/USD

You can buy some gold, but it's not rally yet... It will stop around $1700.

SPX - how long?

SPX

Timing is everything. I think everybody already talking about reversal... But just think about how much money you would have blown up on put time premiums during last month. SPX just bought another couple of days hiding from crash.