I try to plot some scenarios for the near future movement of the DAX index according to Elliott wave theory. One of the thesis of Elliott waves is alternation. I present them in a sequence, but will be interconnected via "Link to Related Ideas".
The 3rd is that the DAX is making a double three sideways correction, and it is forming an ending diagonal as its last phase. Though it can also form a triangle as wave Y, in this case it is near the end of wave C, and wave D and E is coming.
The 3rd is that the DAX is making a double three sideways correction, and it is forming an ending diagonal as its last phase. Though it can also form a triangle as wave Y, in this case it is near the end of wave C, and wave D and E is coming.
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