pavelzyuzin
Singkat

Dax Time for some correction?

TVC:DAX   Indeks 30 Syarikat Utama Jerman
I know its difficult too conclude when a correction is ahead. special i a bull market...

I will take the chance :)

The chart analysis is Elliott wave .

there is; Minor and minute

I erased Minuette, because it looked messy on the chart, and difficult to read.

We also see a bearish Divergence i marked it with arrows and text, in the chart and the RSI .

The Divergence indicate an underlying weakness. bulls may be exhausted at this area. A possible trend direction change.
Nothing is sure in these markets.I think we are going back to 13.500 levels if al data is strong.
Buy any dip is the best thing.
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