Hello fellow traders. In this article we’re going to take a quick look at the Elliott Wave charts of DAX index , published in the members area of the website.
As our members know, DAX is showing impulsive bullish sequences in the cycle from the November’s 2025 low. Recently it pulled back and found buyers at the equal legs area. Here’s our Elliott Wave Forecast.
DAX Elliott Wave 1 Hour Chart 12.18.2025
DAX is forming a five-wave upward cycle from the 22,941 low. The current view suggests that DAX is undergoing a pullback, wave ((iv)). The extreme zone has already been reached. We expect buyers to appear in the equal-legs zone at 24,032.6–23,843.5 (buyers’ area) to complete wave ((iv)) (black) before the bullish trend resumes.
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DAX Elliott Wave 1 Hour Chart 12.18.2025
DAX found buyers right at the marked extreme zone and turned higher as expected. We also got a break above the previous peak: December 12th, confirming that the next leg up is in progress. We expect the index to ideally remain supported in the coming days.
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