German DAX: Revisited

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Anticipated on 23rd Sept


Happened

In my earlier update of German DAX in which I had mentioned that wave v is pending and it will go up till 61.8 % of wave i. I am sharing the link check it out

https://www.marketanalysiswithmeghmody.com/2019/09/german-dax-will-slowdown-drag-index.html

I made minor change in marking wave iv that also change the target of wave v. Instead of 12600 it made high of 12500 but the last leg which I was anticipating finally happened. Once completed wave v, prices collapsed which can be seen in the above chart.

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