sudhannayak

DAX analysis with Elliott Wave

XETR:DAX   DAX Index
Om Namah Shivay

DAX index has different and complex structure from the recent past bottom.
It looks the upside movement is pending. The recent movement suggests that it is a impulse starting. A minor impulse wave starting where 1,2 are being made.
The analysis has chance of being invalidated incase there is still sideway movement left.

Om Namah Shivay
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