Hybriss

DE30 - DAX German index ABC correction - Big red week incoming

Short
Hybriss Updated   
OANDA:DE30EUR   Germany 30
Big German stocks looking for ABC correction:

SAP
VOW
SIE
LIN
BAS
BAYN is one of the big stocks that is not clear. We see a triangle pattern on daily chart. If this breaks bearish then we have a big red week for the Dax

DE30 seems to reflect this trend

next week we will be looking for ABC correction
Comment:
Waves (A) and (B) now completed..moving towards the last correction (C) before moving up again and continue the up trend
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.