BMW, longAccording to the pullback, the resistance is broken and the pullback confirmation can be entered into a buy position with the target of the specified high level.
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Deutschland
DAX - trend to new lows continuesDAX continues on its way down to new lows. In the shorter term view, it seems to have finished, or nearly so, minor counter-trend wave 2. The next move should be minor 3, where the most probable target is is below 11,000. If prices crosses up 12,920, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
German 10-Year Bond Yield - lower yields aheadGerman yields seem to be tracing intermediate wave 3 down of primary wave 5. Yields should decrease below -0.91. If the level at -0.14 is touched, this scenario should be void as primary wave 5 down may have already been completed. FOLLOW SKYLINEPRO TO GET UPDATES.
DAX - more than 60% down in 2 to 3 yearsDAX is finishing the first intermediate wave of a Super Cycle corrective wave C that should bring prices below the previous Super Cycle wave B what would mean a decrease of more than 60% in a period of two to 3 years from now. Look in the comments below the shorter term wave count and forecast. FOLLOW SKYLINEPRO TO GET UPDATES
Deutsche Post Dax30 Inverse Head and Shoulders 1h. EW CycleStock looks like it's finishing wave 1 of wave 3 of a higher degree wave 3, possibly forming and finishing an inverse head and shoulders formation with the start of the third of the third of the third (wave).