wolfah

DAX uncoupling from US market?

TVC:DEU30   DAX Index
DAX             , if my counts are correct,might be in a "Impulse"-wave c, which should lead at least to 12580 (0,618 of wave a), before I can see further downside potential. A retest of the blue resistance-line would be neccessary!

All depends on Wallstreet! If today, the US market is bullish , then this would be possible. See my other post for DJI
Comment:
Comment: new count works prob. better...
Comment:
Comment: On 15min. Possible counts. Not shure about the final (magenta) a and b! Tomorrow will show. The final leg C (red) could be very sharp! T1 0,382, slightly above 12600 could be the favorite, imo...
Comment: Either way you put it, my last pic is still valid...
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