Since last Wednesday, the German stock index DAX has been rising again. In theory, the low of the turquoise wave alt.4 could already be in place. However, this scenario would require a rise above the resistance at 15 647, which we consider to be 33% probable. Until then, we maintain our primary expectation that the turquoise target zone between 14 866 and 14 555 points should be targeted for the low.