Geert2000

Geert2000

First target 8800 10250 End Of Year. In 2016 a decline to 7600 (2011 high)

Geert2000

sell

Geert2000

sell

Geert2000

sell

Geert2000

2008 fork.Median line starts @ 2003 low 2008 -2009 projected in 2015-2016 (on chart) IF the 2011 trendline (grey line) holds the 1st downwave ,this could be a buy for 11k end this year Jan 2016. 2nd big wave down in 2016.

Geert2000

Dax hit the bottom of the black inside fork. IF dax goes up from here first target would be the top of channel,next target red median line of the Red Fork. If dax goes down from here next target point will be bottom of the Red Fork and further down bottom of channel

Geert2000

Same moves as 2008 or Not ?

Geert2000

Lets see if 10080 holds (TL)

Geert2000

First target 10350 - 11K End Of Month?

Geert2000

Describtion on chart

Geert2000

-----A = C------ First target 10070 Next IF A =C 10600-11200

Geert2000

Dax bounced off the 2011 trendline Probably hit 10600 before a another decline and test that trendline again. (white ABC) Eventually dax will hit the 2009 trendline next year.That should complete the Bleu ABC.

Geert2000

For this projection i made an exact copy of the 2008-2009 correction into 2015-2016 Wave 1 in 2008 = Wave 1 in 2015 = -24% That already happend and seems to be exact the same. IF wave 2 from 2008 = Wave 2 in 2015 ---> +17% and should be around 11K beginning of oktober 2015. Another decline in 2015(okt) should start WAVE 3 ending at 8300 by end of this year...

Geert2000

Wave 4 almost complete. Buying for target 150

Geert2000

Dax should bounce here (10k-9750) up to 10600-10800 in the next 3-4 weeks. Another decline with target 9400 around mid november. A small rally into 2016 target 10200-300 Another decline to 9000-8000 mid 2016.

Geert2000

Support at 16250

Geert2000

Dax could now be in a major retrace heading for the Median line around 9000.even lower to the oktober 2014 low around 8000 Big drops around september In previous 7 year cycles

Geert2000

DAX MAJOR FORK