Wow! The DAX30 (Ger30) really is in a hurry. Not only has it completed it's former 1-2-3-4-5 wave in no time but it also seems that it is under pressure to complete an a-b-c correction in just a very narrow space (see image). If that gets confirmed (no drop belwo 11.400), we are currently completing the new wave 1 of 5. Straight talking I am waiting for the wave...
The day before yesterday, on Sunday, I have posted my latest analysis about the DAX30 (GER30) index, talking about the current waves 4 and 5 (green) and a possible target at 11.701. The expected wave 4 (green) was pretty much spot on, the wave 5 wasn't really but I managed to detect the early completion before it was too late! Unfortunately the wave has been...
Last Thursday (05-03-2015) I have signalised that the Dax30 (Ger30) is about to complete a small 1,2,3,4,5 wave (red) and a medium 3 (green). Target was 11.658 - actual high was 11.599. Based on that consider the red 5 and green 3 as completed. Next on the agenda is the green 4 and, obviously, the green 5, which will also be the blue 3. I expect the green 4 to...
Trend is still strong bullish , looking at Ichimoku and Alligator. Setup is clear as well as the big picture. Red wave 4 is definitely complete, so we are working on a completion of red5-blue3-red3. Target zone can be defined between 11.560 and 11.575. Note: I bought Ger30 in all of my accounts.