1. weekly patterns are now similar as in 2007 and 2011 (weekly ema34 tested from below after repeated break confirmed by volume)
2. DAX is now in ABC (big W4) correction started from top 10048, now finishing B as irregular flat and because wave b was over 138.2% of wave a, wave c will be most probably failure and MUST NOT excced wave b - 9892.
3. final wave c of flat is 5-structure, now most probably in w4, but wave c could be finished as well - resolution at 9450, if DAX can break it, then there is room for terminal w5 up to 9467 (38.2% - double top), 9640 (61.8%), 9711/9742 (138.2% of wave a of flat) or 9780 maximum (HI-HI TL), if not (w5 is finished), then watch 9075 as top of w1 for STOPSELL
4. target for C (which will be elongated) should be more than 161.8 of wave A from this current B (END OF FLAT), from 9780 the target is at 7926, SOME 1850 POINTS or 19% MINIMUM
5. support level (ew1-ew3) parallel gives floor at roughly 7600, W4 must not reach big W1 at 7441/7600, otherwise the count is invalidated
6. CHECK 9190, THEN EITHER 9450 UP OR 9075 DOWN
7. invalidation level of flat 9892
just couple days/weeks left
2. DAX is now in ABC (big W4) correction started from top 10048, now finishing B as irregular flat and because wave b was over 138.2% of wave a, wave c will be most probably failure and MUST NOT excced wave b - 9892.
3. final wave c of flat is 5-structure, now most probably in w4, but wave c could be finished as well - resolution at 9450, if DAX can break it, then there is room for terminal w5 up to 9467 (38.2% - double top), 9640 (61.8%), 9711/9742 (138.2% of wave a of flat) or 9780 maximum (HI-HI TL), if not (w5 is finished), then watch 9075 as top of w1 for STOPSELL
4. target for C (which will be elongated) should be more than 161.8 of wave A from this current B (END OF FLAT), from 9780 the target is at 7926, SOME 1850 POINTS or 19% MINIMUM
5. support level (ew1-ew3) parallel gives floor at roughly 7600, W4 must not reach big W1 at 7441/7600, otherwise the count is invalidated
6. CHECK 9190, THEN EITHER 9450 UP OR 9075 DOWN
7. invalidation level of flat 9892
just couple days/weeks left
