FX:GER30   DAX index of German listed shares
226 1 8
It appears that dax             made a double bottom around 10900..

* ABC             Wave
First WAVE A fromed by a 12345 wave
Leg 1 and Leg 2 already finnished
Leg 3 target between 11238 and 11331
Leg 4 target 11140 (0.5 retrace)
Leg 5 target between 11420 and 11550

WAVE B formed with a smaller abc             wave possible target 11200
WAVE C formed with 12345 wave final target 11940

Note : Blue channel is key here
barring the fed decision and big fundamentals, because the dax seems to following the djia , but the djia is due for a correction
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