DAX30 - Indices Trading | Elliott Wave Structures | Q2 2019

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DAX30 - Elliott Wave Outlook

Bearish Swings - Patterns:
Triple Three structure in Super-Cycle Wave (IV) (green)
W (purple) - Expanding Flat
X (purple) - Three (false break-out)
Y (purple) - Complex Flat with a Descending Triangle
X (purple) - Running Flat
Z (purple) - Zig-Zag

Bullish Swings - Patterns:
Impulse in Intermediate (1) (blue)
Leading Diagonal

Next expected swing:
Bearish sequence in Intermediate (2) (blue)

Structure change:
Bullish continuation in an impulsive manner could lead towards more up-side for in a big extension.
Comment: Running Flat in the making for DAX30 (GER30 / GRXEUR)
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