Dax idea - multi time frame
Updated
Dax tried to go lower and found support this week
this isn't over yet. Next week i believe we will have some positive days moving towards the wave (4) a key resistance level for dax. It is expect to see a rejection at his level bringing the price down to complete last wave (5)
attached to this idea is the Sp500 and last week De30 analysis
Last week i mention we were going to move towards an ABC correction and looks like we are on track. Take a look at that chart too
this isn't over yet. Next week i believe we will have some positive days moving towards the wave (4) a key resistance level for dax. It is expect to see a rejection at his level bringing the price down to complete last wave (5)
attached to this idea is the Sp500 and last week De30 analysis
Last week i mention we were going to move towards an ABC correction and looks like we are on track. Take a look at that chart too
Note
Daily overview Note
Hourly chart Note
some big Dax stocks overview might help us understanding next week sentiment:SAP: broke below the triangle and retested
SIE: at the middle of the range.
BAS: trying to find support
ALV: going long
Note
LIN: broke below, closed previous gap and found support. looking bullish at least for the next days
Daimler: broke below, made a LL struggling to make a HH
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