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PortmoreCapital
Feb 3, 2015 10:12 AM
DAX LONG to 1.618 Extension and then short back down into 61.8
Long
INDEX:DEU40
1D
DAX PERFORMANCE-INDEX
INDEX
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Feb 3, 2015 10:12 AM
simple harmonics here. AB leg should equal to CD leg this brings us to 1.618 extension 11142 (shows different on chart as plotted fib incorrectly) successful rejection of this level brings us down to 61.8 level on the whole AD move which is 9421.
good luck guys
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