Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of DAX . As our members know DAX has recently given us pull back against the March 8239.5 low that has unfolded as Elliott Wave Zig Zag Pattern. We were calling cycle from the March low […]
Elliott Wave View: DAX Ended Correction and Turns Lower
Short Term Elliott Wave view in DAX suggests the rally from 3.16.2020 low ended at 11242.77 as an impulse structure. Up from 3.16.2020 low, wave (1) ended at 9145.93 and pullback in wave (2) ended at 8257.53. Index then resumed higher and ended wave (3) at 10820.17 and wave (4) pullback ended at 10257.27. The […]
