Probably 2nd test of the prev.ATH-line (black). Final leg 5 could be truncated. All depends on the opening hour of Wallstreet!
Yorum:
DAX hits support level at 12000 and terminated a "Minute!-wave 4 (probably a ZigZagFlat). Last leg c of this Flat has been a impulse-wave with a clear 1-2-3-4-5 count: Wave 3 has been extended (>2,618 of wave 1) and In those cases, wave 1 and wave 5 are often looking similar (1:1). A further decline seems to be unrealistic, because of massive support (Lower line of trend-channel).
