DAX Index
Short
Updated

DAX DAILY BEAR (PRIMARY ALTERNATE 1)

169
Hi all,

In my previous publication, I mention that cycle wave 4 purple ought to be quick and short by the guideline of alternation.
Here cycle wave 4 purple unfolds as a simple zig zag in which waves A and potentially wave C unfold as expanding diagonals

Primary wave B red terminates at 38.2% the length of wave A red, fitting the characteristic of a running flat.

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Confidence = 9163
Confirmation = 8716
Invalidation = 10460
Note
*Intermediate degree alternate 1*
Invalidation = 10370 (wave 4 may not move beyond end of wave 2 for exp diagonal)

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