DAX Medium-Term EW Count Update
I assume that the German Market Index is in a corrective Wave 4 which plays out as abcde triangle (take a look at the big picture analysis). Medium Term
goal is the price area 11000-10800. The move down should come in 3 Waves now I see 2 possibilities, either the B wave is already finished and we are in the C down already or we hold around 11600 and need another pull up to the 12000 area before we start the C wave.
Take a look at inside my Facebook Community:
www.facebook.com/gro...ups/257554274956458/
goal is the price area 11000-10800. The move down should come in 3 Waves now I see 2 possibilities, either the B wave is already finished and we are in the C down already or we hold around 11600 and need another pull up to the 12000 area before we start the C wave.
Take a look at inside my Facebook Community:
www.facebook.com/gro...ups/257554274956458/