DAX Index DEU30

The DAX may have recently resumed it's uptrend but this count would suggest, that while it may have further to run, there is a level not too far away where I, for one, will be looking out for any signs of a serious reversal.

DAX's last leg, starting 2018-03-28, is topping or has topped on Friday (High: 13030)! Details EW and Fib.: - "Subminuette"- level (grey): Wave 5 stopped almost at 1,000 (13182,7) of wave 3. This 1:1 relation is quite common! IMPORTANT NOTE: Waves 3 and 4 could also be taken as waves A and B of a corrective pattern (ZigZag), which would end at the same level for ...

Ideally price drops towards the green area now, if we do i will probably go long again around the 12.100/12.150 for the final wave up in the 12.700 area. There i will build up a very big short position, which has been my plan since we made that crash 2 months ago. To understand my plan better it's best to read my previous analysis about the DAX Here where i ...

A beautiful Pattern - meets all the rules.

Stock markets have been dropping again this morning, probably from the negative trade war news. However, i think the DAX is trying to force a small reversal as we speak. You cant see it here, but it made a small wedge from which it dropped out below. If it jumps back in again than we can assume that buyers are stepping in again. Safe play would be to wait for the ...

Slowly, this formation is ready..............

Retrace 12356 go long, tp1: 13166, tp2: 13580, tp3: 14500

The ones who have followed my DAX strategy since 2 months ago where i called the bear market would start from the 13440, know what my plan is. I am still waiting for the ABC (wave 2) to complete so i can build up a very big short position between 12.500/13.000. A week ago i said i was still waiting for a lower low around 12.100 where i expect wave C to begin and ...

For DAX, there are 3 possible scenarios: 1st: DAX is in a Impulse Minuette wave 5, which terminates at 13200 as shown in the chart (TP1). 2nd: If wave3 and 4 would be replaced by a 1 and 2 respectively (possible!), wave 3 could stop at TP2 Fib. 1,618 ( 13776) for a standard Extension 3, which is above ATH. A possible time frame could be 2-3 tradingdays. 3rd: ...

Comments on the chart. Please note that at this stage this is one to watch only. There are bullish signs as well on the chart. I love chart patterns and would love to see how this one plays out

not very confident about this expanded flat count but it is possible. if the rally from 11726.6 is the first wave of final 5, we should expect another wave ii pullback that may offer opportunity to trade for the upside.

:)

Trade Alert DAX is already picking up pace and continues to aim for the 13000 mark. Let's see if it works out. Don't forget your stops!

All eyes and ears on President Draghi.

For educational purposes only. This is NOT and INVESTMENT ADVICE. DEU30 is also feeling the heat of the 200 Day moving average of the next higher time frame daily. Reversal of trend in the hourly after a support break couldn't be any more clearer... Broken support is now resistance. Is the short seller getting the best of DEU30 ? Analysis continues....

My followers know i predicted the bear market would start when were still at the 13.440. I saw a big rising wedge which you can see above, predicting the and of the long bull market we have had for many years. We have bee busy with wave 2 correction wave, we have started with the final leg C, think will go towards the 12.800. Short term, i think we will make ...

After years of higher prices and extreme highs, it is all coming to an end now. Dollar is falling, gold is jumping higher and oil prices go higher without correcting. I have been predicting a world wide economic contraction will occur within the next 2 years, the breakout of the EURUSD and Oil prices were my indicators. Now the DAX is making an ending diagonal, ...

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