Oct 25, 2011

DAX

      DAX may have finished the dipping  toward the bottom already. Since May/2 /2011 DAX unfolded in three clear A,B,C waves, and bottomed in Sep/12/2011. This bottom suppose to be the END of the Bear market/correction. The C wave lays right on the line of 423.6 % Fibo of A wave, and close to 61.8% of the whole bullish move since Mar/9/2009.
 The price action imposed bullish tune in my analysis on daily base. The waves look very clear, to be counted, and no doubting - this should be resuming the bull market. 
Good luck trading!


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