DAX 1hour chart

DAX has painted almost the same as FTSE100. The expected correcting bounce resumed. According to Fibonacci  ratio and Gann's angles the (2) wave could top around Monday-8th. Jan.nearly to 61.8% Fibonacci.

DJIA - Elliott Wave update

                 There is nothing new to add to current scenario. Just wanted to make you clear that this count probably is going to work.

DJIA - Elliott Wave update

 Few days I was wondering what the Dow's price action wants to tell me. Today, I think we got along each other about the pattern. It doesn't look classical, but I think this count is going to work for now.Second wave resumed according to current count, and I hope the target box around Fibo50%-61.8% will be met this or next week .

FTSE100 - Elliott Wave update

          The tape looks almost the same from Friday's close price. Fifth 5 wave seems expanded. There is one more alt. scenario, where the selling pressure might extend that fifth 5 wave, breaking more important support level  5 096, but I think the skinny dipping will be delayed few days(week). Fifths  sometimes expand around support/resistance levels , where the battle among bulls & bears is stronger.
          See you around the end of wave (2) or (B).

FTSE100 - Elliott Wave count

Our friends from UK already made their five waves down on FTSE100 index. My expectations are for corrective bounce up to the red target box next week. Full moon is coming :)))  I mean the moon has the power to make  flood tides and ebbs.

 After more than two years,  I am sure, that the full moon has the power to influence upon the stock market as well every month,,,, with no exception.