According to the pullback, the resistance is broken and the pullback confirmation can be entered into a buy position with the target of the specified high level.
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DAX continues on its way down to new lows. In the shorter term view, it seems to have finished, or nearly so, minor counter-trend wave 2. The next move should be minor 3, where the most probable target is is below 11,000. If prices crosses up 12,920, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
German 10-year yield is tracing wave C up that should complete intermediate wave 2. The most probable targets are -0.05 and 0.15. If yield crosses below -0.60 this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
German yields seem to be tracing intermediate wave 3 down of primary wave 5. Yields should decrease below -0.91. If the level at -0.14 is touched, this scenario should be void as primary wave 5 down may have already been completed. FOLLOW SKYLINEPRO TO GET UPDATES.
DAX is finishing the first intermediate wave of a Super Cycle corrective wave C that should bring prices below the previous Super Cycle wave B what would mean a decrease of more than 60% in a period of two to 3 years from now. Look in the comments below the shorter term wave count and forecast. FOLLOW SKYLINEPRO TO GET UPDATES
DAX seems to be at the end of minor wave 4 down. It could also be finishing this wave. In both cases, prices should start a long way down and target levels below minor wave 3 at 8265. FOLLOW SKYLINEPRO TO GET UPDATES.
Gute Bodenbildung an der Trendlinie.
Im Daily Chart viele Signale nach oben .
RSI 52 ; MACD aufsteigend, Stochastik aufsteigend
Ziel sehe ich bei der 0.618 % Fib 76,61
Comments are located in the chart. If this trend continues, I expect the Euro to finally break its major support zone as well, with Germany being a large influencer of the European Union.
Stock looks like it's finishing wave 1 of wave 3 of a higher degree wave 3, possibly forming and finishing an inverse head and shoulders formation with the start of the third of the third of the third (wave).
