Wei Xia

DAX Long-Term forecast with Wave Theory

FX:GER30   DAX Index
68 1 2
(C) is a 3rd extended Terminal and it will drop soon.
Hi, Thank you for sharing your chart analysis.

I think you have the right concept, but not sure how your wave labels (A), )B) and (C) fits in larger historical price data. As to me this suggest that all the price action since 1994 on your chart to data appears to be corrective abc zigzag. If so the the question arises - what is it correction. Here is my chart publish some time ago for comparison and one which suggest that the current top os major top of a much larger bullish cycle,. Let me know what you think.
+1 Reply
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