FX:GER30 DAX index of German listed shares
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.
Yup plenty of room for DXY but let it settle down a bit ...." Be patient -- because it pays much more " And please don't say QE is on ....Japs or US Fed QE was/is diff but Draghi QE is actually u need to pay to lend your money to a borrower....And who on earth will do that !!! EURO QE will fail even before it's time period !! Just don't bet on Euro QE - it will hurt badly !!