I try to plot some scenarios for the near future movement of the DAX index according to Elliott wave theory. One of the thesis of Elliott waves is alternation. I present them in a sequence, but will be interconnected via "Link to Related Ideas".
The 3rd is that the DAX is making a double three sideways correction, and it is forming an ending diagonal as its last phase. Though it can also form a triangle as wave Y, in this case it is near the end of wave C, and wave D and E is coming.
The 3rd is that the DAX is making a double three sideways correction, and it is forming an ending diagonal as its last phase. Though it can also form a triangle as wave Y, in this case it is near the end of wave C, and wave D and E is coming.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.