DAX
Added 2025-01-04 13:56:26 +0000 UTCWe have a lot of Germans in our group, so I will try and add more DAX charts if I feel that the chart is breaking down and starting its own ABC correction.
The impulse wave is very clean, Wave 3 was perfect and Wave 4 pulled back nicely in spite of the Covid black swan event.
Wave 5 is looking very stretched now but as long as the price holds above the 2.618 Fib there is no concern.
Extremely bullish move would be up to the 3.618 Fib at 25,295.
Comments
SAP is Germany's Nvidia. Single-handedly holding up the German stock market
Crewz
2025-01-05 13:44:27 +0000 UTCnice one! Do you think its possible we are still in wave 3 of the bigger wave 5?
Friedrich
2025-01-05 00:53:12 +0000 UTCDankeschön 🙏
Deef
2025-01-04 21:53:13 +0000 UTCDAX often times leads the US market. Something to consider going forward.
TNP Media
2025-01-04 15:07:32 +0000 UTCDaily articles about German economy being in shambles and then the Dax says Hold My Beer :-)
niorthey
2025-01-04 14:51:34 +0000 UTCThat would be very helpful, thanks in advance 🫡
Kad
2025-01-04 14:03:32 +0000 UTCThank you
Andreas
2025-01-04 14:00:45 +0000 UTCThanks
Andreas
2025-01-04 13:59:14 +0000 UTC
