Geert2000
Short

Dax : Final leg down

FX:GER30   The DAX Index
90 0 1
---Does the PAST tells us the FUTURE here--

In this chart i tried to project the past into the future.
Everything looks perfect,measured and aligned.
So if this projecting actualy is correct,We are looking at a bottom around 10600.
11K is a major support,if that breaks the road is clear to 10800-10600
A respective drop from previous high of 14%.After a rally from october low of 49%
NOTE : if dax             manage to set this bottom at 10600 then 12600 should be the maximum top for this year.

I wish all the bears goodluck with this ,and may God bless our shorts :)
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