Category Archives: DAX monthly blog

Waiting

By now I think the wave count in the Monthly chart has to be changed. I think it has become impossible to keep the count with a triangle from 2000 to 2011, unless the triangle thrust is only the first … Continue reading

Posted in DAX monthly blog | Comments Off on Waiting

Now what?

For two months I have been thinking there could be a top soon. Now it looks like most of the signs go away. First of all, I mentioned the level 10405 as the crucial level to be broken for the … Continue reading

Posted in DAX monthly blog | Tagged , , , | Comments Off on Now what?

First confirmation, DAX will loose 1000 points minimum

The DAX January bar is a pinbar. This can signal a top. The cycle indicator supports this interpretation.  So here is a first confirmation for the stance in my previous post. A more detailed look reveals an impulse wave down: … Continue reading

Posted in DAX monthly blog | Tagged , , , , | Comments Off on First confirmation, DAX will loose 1000 points minimum