Gann levels on chart ( these levels can act as support/resistance levels
DAX in 5 wave down or just an ABC (first 3 waves )
ABC(123) should end around gann lvl 15293 thats 2 full rotations down from 16300 high.
1st rotation 16300-15793 (360° gann square )
2nd rotation 15793 -15294 (360° gann square )
3th rotation 15294-14802 ( 360° gann square )
Only bullish again ABOVE 15793 ( target 16600 )
below 15667 is still bearish with target 14802
DAX in 5 wave down or just an ABC (first 3 waves )
ABC(123) should end around gann lvl 15293 thats 2 full rotations down from 16300 high.
1st rotation 16300-15793 (360° gann square )
2nd rotation 15793 -15294 (360° gann square )
3th rotation 15294-14802 ( 360° gann square )
Only bullish again ABOVE 15793 ( target 16600 )
below 15667 is still bearish with target 14802