DAX current mkt picture

This is a discussion on DAX current mkt picture within the European Indices forums, part of the Indices category; Not an expert in EW, but DAX looks like it has begun a wave 5 up, like the DOW today ...

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DAX current mkt picture

Not an expert in EW, but DAX looks like it has begun a wave 5 up, like the DOW today but looks like DAX due for a short term correction soon (366 points up since Dec 1)?
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Originally Posted by catracho
Not an expert in EW, but DAX looks like it has begun a wave 5 up, like the DOW today but looks like DAX due for a short term correction soon (366 points up since Dec 1)?
Hi Catracho
Yep the dax has had a helluva run from the fearful lows. My next is a short - like you say but I'm being patient despite hitting 6m from Spx lows etc........

Now back to my old stamping ground ........ as Dx becomes very interesting once more
HS
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