DAX CHART DAILY Are we going for the same pattern of 2008? Could there be another Black Monday on the 19th october 2015 ? Thumbs up if you like this pattern.
Elliot wave textbook standards Wave 1 Impulse wave Wave 2 corrective wave : retracement is 50% -61.8% of wave 1 Wave 3 impulse wave : normally extend 168.1 x wave 1 Wave 4 corrective wave : usually 38.2% to 50.0% of wave 3 Wave 5 impulse wave : tend to be the same lenght as wave 1 Wave A containes 5 waves (intraday) Wave B usually retrace 50% from wave A but...
Will the bleu fork holds the dax under control? Next target could be the median line around 9680 -9600
DAX will drop to 8800 due to automobile turbulence. Some buy opportunities around 8800-8500 to 10250 EOY. 10600 biginning 2016 But what will trigger the next drop to 7500 in 2016?