DAX daily from Oct 13 - Dec 11, now
DAX rally takes a new high at 7.580. The 2011 top is at 7.600.5. The 2 hr trend has broken on upside so I expect a test of that high and even a break. There is no weakness in the trend now and the daily chart indicates that the rally even can be an fifth wave aiming much higher.
DAX 2 hr.
Here is the break on upside. This three wave uptrend from the big heads bottom could stop here an just be an extension or take a fifth wave up to take out the top line, 2011 high at 7.600.05
DAX rally takes a new high at 7.580. The 2011 top is at 7.600.5. The 2 hr trend has broken on upside so I expect a test of that high and even a break. There is no weakness in the trend now and the daily chart indicates that the rally even can be an fifth wave aiming much higher.
DAX 2 hr.
Here is the break on upside. This three wave uptrend from the big heads bottom could stop here an just be an extension or take a fifth wave up to take out the top line, 2011 high at 7.600.05
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