smaller TF structures show us that there still is potential to shoot up.
It´s kind of MAD to long here but discipline wants it to do so.
Several short impulses got bought, no clear short signal forces us to buy Long.
IN the Past we had about 2 Months of shorting DAX,Indikators seem oversold.
Dow S&P are pulling back with an inverted Head and shoulder.
This might be a Big Trap for all Shorties, and will be a painful squeeze if tomorrow the FED brings
Data were every1 is pleased with.
Tomorrow there is the Chance of a reversal if Dax stays above 9300.
First of all our Waves ended with counts Correction was way above the average for it.
So There is a good chance that DAX turns at his target 9425 or the fibs retracement around 9380.
Either way playing the long reversal with a tight stop might turn out quite profitable.
If 9300 falls the battle...
with waving we are in the corrective 4th Wave, right now we are stuck in a rising wedge, If the Make or Brake line Brakes we get a new hint.
By braking 9529 the chances are very high that impulsive and last Wave V begins.
With Targets between 8825 and 8350