GER30 to go short

14 Mar 2016

GER30 completing the c wave of its retrace. this is wave 2 of the bigger cycle which will pave the way for the mighty wave 3.

14 Mar 2016

Not

Upon looking into this on the monthly chart, the ABC wave of the chart is actually the B wave of the bigger cycle, So Wave 3 is not wave 3, it is actually wave C of the correction. overall, GER30 is in the up trend but ready for a move short on the smaller wave C. Still a big pip collector.