DAX: Anticipated Happened and Elliott Wave Forecast

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DAX Anticipated on 14th December 2019


DAX Happened on 7th January 2020



In my previous update dated 14th Dec 2019, i had mentioned that DAX is all set to plunge near till 12900 levels from the highs of 13400. This fall was anticipated on 14th December 2019 and it made a low of 12950 on 7th January 2020 thus coming close to my mentioned level. Here is the link to see the previous article on DAX where I had anticipated.


Now let us understand what is going to happen next in German DAX. With use of Elliott Wave theory, I have come to a conclusion that the index is on the rink to cross 13400 levels and set to move beyond. The minimum target will be in-between 38.2-61.8% of wave iii-wave iv which comes to 13800-14300 levels for DAX. This will be wave v on one higher degree.

Now this is not difficult to analyse, you can learn Elliott Wave and Neo Wave in Webinar/Classroom training for 4 days. The course fee is Rs. 10,000/- or $155. For inquiry and registration call +91932174580


Comments

Phani Kumar said…
This Information is really good and informative. Thanks for it.
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Mahantesh Sabarad
Value Creation
18 September 2020 at 14:29
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