After forming a prolonged ending diagonal the DAX index is now in freefall and hitting wave iii down which puts it in free fall till it completes the first five wave decline. It may go below 22600 or lower. Looks like a panic attack in markets that are now accepting the fact that a prolonged war in IRAN will slowdown the global economy for months to come.
The Truth About The Markets: SEBI Research Analyst - INH000023630
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The Truth About The Markets: SEBI Research Analyst - INH000023630
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.