Dax currently in B-Leg of bigger ABC pattern (3-5-3) B-leg count 5 waves that could end around 11500-11800.
Comments
danrindia
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@Geert2000 You are just brilliant i saw your ideas from before time and you just jailed it. What analysis strategy you use ? Hats off. I am quite shocked why people do not see your charts and like them. Thanks for the ideas.
Also i have question regarding the DAX do you think it will give pull back for sure in next week ??
Geert2000
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@danrindia, thanks for your kind reply,i use elliot wave for my analysis.Dax is currently in wave3 that could end around 10300 (1.61fib) but also could extend further to end wave3.There is a gap around 10800 and thats also the breakout level,so revisit that level is very likely,at least a drop to 11k starting at 11300.
Also i have question regarding the DAX do you think it will give pull back for sure in next week ??