Tuesday, 24 January 2012

>DAX elliottwave analysis(Germany)

Dax after that steep fall in August/September in 2011 is been up for sometime,The wave structure is unfolding
into a expandedflat provided DAX doesnot go past 6550 .We would be having a nice (3,3,5)combination as shown in the below chart
This pattern usually have strong probability.Would revisit chart as we progress.

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