DAX Elliott Wave Analysis - Be Aware of Downside Move

in #stocks • 3 years ago

First thing we have noticed is a bloody Friday in the stock market and it's not a surprise, we have been warning about that all the time. Anyway, looking at the current sharp and strong decline back below 15500 on DAX, seems like ending diagonal (wedge) pattern is already finished, so we have to be aware of deeper corrective decline now.

DAX 1h Elliott Wave Analysis Chart

DAX.png

#dax #elliottwave
3 years ago in #stocks by
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