Once more, the RSI diverging provides hints for counting Elliott waves, here to take the last part of the last rise from 2013 to day as a cycle V.
Whereas in the (III), the RSI was pretty coherent, it started diverging in the V and remained bearish-divergent.
Working up the so found V, it appears, that that was also embedded in the (V)th wave of a...
Counting waves and taking RSI into account leads to a reasonable guess for a 1-2 yrs DAX baisse target.
The significant high prior to the 2008 crisis coincides with a cycle's IV-th wave correction down there currently establishing.
Virtual R/R ratio is roughly 1:5.if the estimated primary 1st sub's low is taken for stop-loss; "virtual" because this is better...