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Oct 14, 2013 3:05 PM

Possible Dax-Count - corrective pullback 

DAX index of German listed sharesFXCM

Description

Dax could reached the impulshigh with an extended wave and an "Ending Diagonal" @8745.
Now we are tracking an corrective move to the levels @8656/46 (100 Fib) or in extension (pullback) @ 8616/13 (161 Fib)
MoB would be the break of the impulstop @ 8745. This woud negotiate this count.
At the moment we are tracking a possible triangle for B and we could see a downmove and an breakout of the triangle in an impulsive C.
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