I try to plot some scenarios for the near future movement of the DAX index according to Elliott wave theory. One of the thesis of Elliott waves is alternation. I present them in a sequence, but will be interconnected via "Link to Related Ideas".
The next is a triangle as wave 4. If DAX goes under 12 100 that means with high probability that it is invalidated. (But sometimes the wave E in a triangle can overshoot)
Elliott Wave

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