Preferred scenario: wave a of wave (z)
the first alternate (1°Alt:) considers the top like the Cycle Top D .
the second alternate (2°Alt:) corresponds to the alternative and super bullish long-term scenario shown in weekly chart; we would be in Alt:(3) of Alt: of Alt:I
this is the only stock market where my preferred long-term Outlook is bearish (not very convinced, but bearish) but the last upward wave could also be an impulsive pattern.
First alternate; we are in the wave Alt:2 of Alt:(3) so the Top is still far.
Preferred scenario; still in uptrend of Primary degree; we should be in wave c of wave (4) intermediate;
This is one of the weaker stock market in Eurozone but in the last month one of the most bullish.
Preferred scenario: we should be in wave a of intermediate wave (y) of upward wave [C]/[Y] of Primary degree (for daily updates on intraday charts see my Italian blog http://ChartPatternsTraders.blogspot.it)
Preferred count: we are in wave c of minor wave 4 of (c) intermediate;
Alternate count: we are in a new bearish wave of Primary degree.