DAX
It seems that something similar happens that I expected. Wave X finished at 13200 and now I expect it to decline in an other a-b-c formation till the 0,5 Fibonacci level of the previous 3rd wave that is around 11 300. The first 3 sub-wave of the wave "a" is almost finished.
Yorum:
DAX seems to be in a flat correction (3-3-5 waves) not in a zig-zag (5-3-5) as I previously assumed.
If my wave count is correct than wave "v" of wave "a" has just begun. It reached the top of wave "i" but did not overlap it and turned down. The target is under the previous top of wave "iii" (12 543)