DAX long term Elliott wave analysis

5 Sep 2018

Here's my count on DAX, we are in the c leg of wave 4 in a bigger cycle wave 5. Below 11740 points should begins the last impulse that if similar to big wave 1 started in 2003 will bring this index to 14500 points area. At that level we could have a big correction down to 8700 area at the end of big cycle wave 4.