AndyCuckoo

DAX Elliott Wave Analysis for Thursday 30/11/2023

OANDA:DE30EUR   Germany 30
In the higher time frame, we are working on a wave ((2)) correction down. This wave ((2)) is unfolding as a WXY with an expanded flat as wave X. The secondary scenario assumes that the wave ((2)) low is in after a triple three correction. As long as we do not take out the 31/07/23 high, we are reluctant to make this our primary scenario.