This utopia suggest target 12900 to be reached at beginning of april 2017. Of course, it very seldom looks this perfect at a major top/low but sometimes it does. However even if it wouldnt hit the exact point of - level and time, there are quite much technically that points to target around this level of 12900. There are two possible major channels that most likely needs to be hit at either "roof" to be able to turn DAX around into a bearish market in my opinion. Long now is not a good idea unless we will continue to consolidate at todays levels for some days more. 12000 is also a possible retrace level before continued journey towards 12900. Follow me on twitter: @yachttradaren