ZarNegar
Short

DAX is declining this year.

INDEX:DAX   DAX Stock Index
571 16 14

DAX             increase in the long term. And we are in wave 3.
But in the short term is reduced.
Now we are in the short wave 4. And next year we'll get into wave 5 neutral
hello zarnegar hope you are fine thanks for this post
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ZarNegar manijeh.kazemi.33
2 years ago
Thank's manijeh jan
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maximus71
2 years ago
Thanks a lot Zar , So i can hope a downside very soon until 7770.... And may be 6500 end of year or start of next...Thanks a lot great work!!
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ZarNegar maximus71
2 years ago
I hope it was useful for you.
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Recluse82 maximus71
2 years ago
downward target might be 5-6k next year
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DanV MOD
2 years ago
Thank you for sharing. I wonder if you have considered an alternative labels and why we might have what appears to be potential rising wedge which to me looks like 3-3-3-3-3 ending diagonal, If correct could that change your view drastically. Here is my chart showing what I mean. We could be developing impulsive decline, may new major down trend.
snapshot
+1 Reply
Recluse82 DanV
2 years ago
exatcly bro :) hatd downward momentum for the next years
+1 Reply
ZarNegar DanV
2 years ago
DanV ,, Thanks for your comments

If I understand correctly. The difference in my analysis with you. One point is.
The thing that we need to be careful. And often not respected. It is a scale charts.
I use a neutral term or a short timeframe. On the scale of 1: 1
The long-term charts. Should we use a logarithmic scale. Otherwise, the result of our analysis is incorrect.
I use the weekly chart and should be used on the log scale.
Once. Try this method. Then maybe you agree with me
  Good luck
Reply
ZarNegar DanV
2 years ago
DanV ,, Thanks for your comments

If I understand correctly. The difference in my analysis with you. One point is.
The thing that we need to be careful. And often not respected. It is a scale charts.
I use a neutral term or a short timeframe. On the scale of 1: 1
The long-term charts. Should we use a logarithmic scale. Otherwise, the result of our analysis is incorrect.
I use the weekly chart and should be used on the log scale.
Once. Try this method. Then maybe you agree with me
Good luck
Reply
michael.k.nguyen.9 ZarNegar
2 years ago
Wonderfull chart! I was wondering if you think the DAX or S&P will make a small bounce next week before heading for 7770 (DAX)? S&P already hit its support at around 1900. What do you think?
Reply
ZarNegar michael.k.nguyen.9
2 years ago
Yes, there should be a correction in the next two weeks.
This can happens to 38.2% retracement.
Now we must wait. And do not rush to sell.
  This increases. It will be allowed up to 9180.
Reply
maximus71 ZarNegar
2 years ago
Its a monthly support at 8719...seller should pay attention And wait for a bounce or a break of this support....normally it should retrace a little...So to replace for a good sell trade i will wait a retracment and place my next trade....right Zar ?:)
Reply
HamedAghajani PRO maximus71
2 years ago
Bear in mind that bear movement characteristics are a bit different than bull market characteristics. some times the markets are extremely bearish. One way to enter this market is one bar (daily) pull back. Then place a sell stop order at two points below the low of that day and stop loss at 2-5 points above high of the pull back day. if the market starts its pull back toward one of Fibonacci levels you could amend your order accordingly. But if it resumes its bearish movement you are in the trade.
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Thanks Masoud jan. Maybe the downside target be slightly lower, toward 7550 area, but in general agree with the downside move. Are you in this trade?
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ZarNegar HamedAghajani
2 years ago
merc hamed jan
man movafrgh hastam ba in trade.. va ta 4 mah dg ravande DAX kaheshi hast..
vali yek eslahi be bala darim...
fkr konam in hafteh ta 9000 bala bere.. va hafteh dg ta 9150
hafte dg vase forosh khob hast..
ehtemal dare ta 7550 ta sale dg paein biyad... ke in kafe gheymat mitone bashe..
+1 Reply
HamedAghajani PRO ZarNegar
2 years ago
I also can see this falling until mid February 2105. I sold this market at 9500, will add on the positions if it pulls back to 9200 area.
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