AnbHfund
Short

Short DAX : Wave 5 Completion

FX:GER30   DAX index of German listed shares
464 10 6
DAX is now in wave 5 of wave 3 of wave 3.
Channel Resistance ahead. Looks like a monthly Doji or Shooting Star at the top.
Trendline resistance also .
Dollar index             now in wave 4 consolidation mode therefore euro             will rise and DAX             will correct.
It's Short on DAX             : Stop Loss At : 12398 : Target - 10000 or more
i am not sure w5 of W3 is over, could be w5.1 as well
DAX - Shortterm correction target reached
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AnbHfund look4edge
you are saying that we are in wave 1 of wave 5 - ( white one ) - then it would become larger than wave 3 .....Wave 5 is up nearly 45% nearly same as wave 1 - 43% . Also look at dollar index - it is in a consolidation mode and euro zone data was good ....And for DAX to go up - euro has to up against dollar and I just don't think dollar is going to go over 100 within next 1- 2 months. So keep an eye on eurusd.
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look4edge AnbHfund