FX:GER30   DAX index of German listed shares
779 2 12
For this projection i made an exact copy of the 2008-2009 correction into 2015-2016

Wave 1 in 2008 = Wave 1 in 2015 = -24% That already happend and seems to be exact the same.

IF wave 2 from 2008 = Wave 2 in 2015 ---> +17% and should be around 11K beginning of oktober 2015.

Another decline in 2015(okt) should start WAVE 3 ending at 8300 by end of this year that should be 4000 points lower from ATH             , the same as in 2008 were Wave 3 ended also 4000 lower form ATH            

IF Wave 4 2008 = Wave 4 2016 (first 3months) = +1000 points
IF Wave 5 in 2009 = Wave 5 in 2016 = -1570 points.
Completely agree, great analysis!
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claydoctor Chartster
Nice, very nice :) !!
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