ChartBulletin42
Short

1-2yrs DAX/FDAX baisse target

FX:GER30   DAX index of German listed shares
Counting waves and taking RSI into account leads to a reasonable guess for a 1-2 yrs DAX             baisse target.

The significant high prior to the 2008 crisis coincides with a cycle's IV-th wave correction down there currently establishing.

Virtual R/R ratio is roughly 1:5.if the estimated primary 1st sub's low is taken for stop-loss; "virtual" because this is better used to govern shorter term actions.

WITHOUT ANY WARRANTY.
BE AWARE THAT YOU TRADE AT YOUR OWN RISK!
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