The Dax has reached the MoB line after the last analysis and thus the counting method has been adjusted and set to ongoing correction. Current we are as the momentum shows, in the middle of a wave 3 of the c. This should run up to the range 12,113, correct in a short 4 and then tackle the 12,000 points. Important NOTE. The MoB 11,725 points may not be touched.
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If 12,600 hold the count remains intact. If the MoB line falls, then the alternative in the low instead of the 3 would put the bracketed 2.
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If Dax does not reach the 12,600 level, then it goes again to 12,050.