FX:GER30   DAX index of German listed shares
96 0 2
I have used gann box for this projection.
If you look at the boxes separately you notice the top is on the 0.75 lvl             and always retrace around the 0.25 lvl             .

Interesting isnt it. :)

If we assume that the next top is around 12000 ( predicted with the Fib lvls on the right side) and asuming the 72 bars are correct DAX             could retrace from half 2016 till 2017/11 to a low around 7000.
Everything moves in cycles,so dax             will fall eventualy.
It is clear that we have to wait for another top first .

Lets wait and see.


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