Geert2000

Geert2000

BC = 11370 CD = 12100 Final leg down to 10800

Geert2000

---Does the PAST tells us the FUTURE here-- In this chart i tried to project the past into the future. Everything looks perfect,measured and aligned. So if this projecting actualy is correct,We are looking at a bottom around 10600. 11K is a major support,if that breaks the road is clear to 10800-10600 A respective drop from previous high of 14%.After a rally from...

Geert2000

Bearish scenario

Geert2000

Wave A of correction finished Wave B = 12k Wave C = 10800

Geert2000

Question is,was 11159 the bottom in this correction? If not : 10995 schould be the next Leg down and 12800 should be top around July. If it was the bottom than we go up from here and 13k should be the top around end of June. Next monday and tuesday will give us a clearer view on this.Greek negotiations still pending. A drop to 11400 first could be in play and...

Geert2000

Describtion on chart

Geert2000

Dax heading for the bottom of the box a 10% - 14% correction A small recover to 11550 - 11650 first bottom should formed around mid may down to targets 11160 - 10800

Geert2000

Dax heading for the lower red line of the red channel. Expect some more downside in the comming weeks. A small recover next week to 11800 - 900 could be in play. Bottom :10900 should be max .

Geert2000

The blue box is an open target now. Target between 11550 - 11300 a 10% retracement from previous top (12400) could be 11k in the next weeks and a kiss on the RED line

Geert2000

A significant break of 11920 will sent the dax further in a healthy correction. First target 11767.If broken 11400 - 11100 in play next month.

Geert2000

13200 = 56% up from October low Bleu line is resistance line 10805 ballance point Drop in may of 14% = 11300 Rally to 13600 Drop end of september of 7% =12500 Rally to 15k

Geert2000

The big picture shows that Dax has broken 2 consolidation zones already this year. 10800 and 11850 been broken.The crossing of the blue lines. Dax has a free road to 12.550 - 13.000 now The top could be around 12.800 - 13.300 After reaching these lvs,we could see a healthy retrace back to the blue lines. First 12.000, if broken,11.200 not lower. The rest of the...

Geert2000

Major reversal after 13K next Month. Wave count : Wave3 = 1.6% X Wave 1 Wave5 = 1.25% X Wave 1 = 13.000 If Wave5 = Wave1 then 13.333 When? Around May 10-20

Geert2000

Details on chart

Geert2000

Gold between 2 major yellow tram lines.Currently in a blue descending wedge Long on gold untill 1250-1280 Short gold from 1250 till 1070 end this year

Geert2000

For this projection i used a long term Fib from previous bottom in 2009. (black - bleu Fib) Dax is trading in a range of 300 points between 12100 -11800 for the last 2 weeks. There is still room for the DAX, this month, to go higher.12300-12500 could be hit end of April.(1.382Fib and inner upper yellow trendline also the green zone) Dax will stay in the green...

Geert2000

Dax looks bullish, still. Still trading in a channel of 300 points between 12100 - 11800 If Dax break the upper channelline 12300 is the target.The Overshoot and higher If it break 11800 the lower channelline 11600 could be the target.The underschoot and lower All black support / resistance lines have the same angle.

Geert2000

Trading sideways in a wedge of 300 points between 11800- 12100