After selling off the first 2 months of 2016, Dax is ready to rebound 8-10% until mid April to 9350 level first and 9700 area after. Once there, get ready to go short heavily cause we will get a wild selloff that will beak lows of last week rapidly. Comments/Ideas/Critics are Always welcome.
After selling off heavily for the last 2 months, Dax is ready to rebound something btween 8%-10% pushing the index to 9350 first and 9700 until the mid/end of April. After that, GO SHORT because the lows of last week will be broken quite fast. Comments/ideas/critics are Always welcome.
Dax should reach 8600/8500 area to end the minor wave1 of the major wave3 that is ongoing. After hitting 8600/8500 area expect a correction that could take the Dax back to 9500/9600 (38.2% Fibo) area, which would end the minor wave2 of the major wave3. Comments are welcome.