DAX has reached a special middle point of its technical development. There is a macd trendline from previous breakdowns of the same magnitude that must be broken to the upside for further ATH moves.
This is that time, where we either caress the falling "green line" downward, or break it to the upside!
Watch the chart and you see what I mean. The "green line" is the one in the MACD window where the graph moves just as if to break it to the upside, or fall back down.
Also, the EWT calculations is estimates for the continuation of the trends. The blue arrows are the bullish scenario and the red dotted arrows are the bearish scenario. Levels are not precise.
This is that time, where we either caress the falling "green line" downward, or break it to the upside!
Watch the chart and you see what I mean. The "green line" is the one in the MACD window where the graph moves just as if to break it to the upside, or fall back down.
Also, the EWT calculations is estimates for the continuation of the trends. The blue arrows are the bullish scenario and the red dotted arrows are the bearish scenario. Levels are not precise.