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wolfah

DAX "On the road again"...

Long
GERMAN STOCK INDEX (DAX) (TVC:DEU40)  
wolfah Updated   
TVC:DEU40   GERMAN STOCK INDEX (DAX)
Trend Analysis Chart Patterns Wave Analysis
6
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trendanalysis chartpattern waveanalysis
Yesterday has been a nice opportunity to buy stocks on a cheap. DAX is now inline with other indexes and probably in wave3. First resistance: Lower (red) line of the trading channel at 12631 (1,618).
Comment:
10:15 : Market (at 12417) scary, because this upswing (dating back from 09-02-2018) could also be a ABC, with A:C = 1:1. Top C could be 12440.
Comment:
See my earlier idea:
DAX full picture
Comment:
Please click on picture above for further information.
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