DAX index is making a nice correction pattern. It is near completition and a new move higher.
A nice clear ABC structure is almost completed. After this we can move up!
DAX in very bullish momentum but big chance of short term pullback in to next week. Correction of 3/400 points coming imo...
I we look at the EW count and cycles we can expect a corrective move for the indices this week.
Looks like that S&P500 is near a intermediate top and a correction can start later this week.
We can see a nice cycle pattern in the DOW JONES index. It seems that it will look for a new bottom in near term.
5 wave almost finished, ready for pullback
