DAX is finishing the first intermediate wave of a Super Cycle corrective wave C that should bring prices below the previous Super Cycle wave B what would mean a decrease of more than 60% in a period of two to 3 years from now. Look in the comments below the shorter term wave count and forecast. FOLLOW SKYLINEPRO TO GET UPDATES
Comment:
DAX seems to be developing the last leg of an Intermediate wave 1 that should decrease prices more than the 14% in around a week period. Our alternative scenario is that where you see wave 4 is actually wave A. If this is the case we may see an additional leg up before doing this move down. In both cases the short term scenario is bear, the difference is only a question of an additional time in the second case.
