This is a simple Elliot Impulsive/ Correction Wave analysis of a hypothetical upcoming market recession based on the Dow Jones Industrial Average. The crash is modeled after the 2007 - 2009 Sub-prime mortgage crisis.
This projection is based on the assumption that the ABC correction wave will drop lower then the (2) impulsive mark by -12.85%. The A B points are...
This is the real market risk, the most obvious contagion to date that will most likely cause the next financial crisis because of the amount of debt that the bank holds within the banking system when this stock moves down the market also follows.
Technically below that trendline and Deutsche Bank moves towards default and 0.11€