On Friday 12/16/16 the DAX moved marginally above the December 2015 high of 11430.90 which was needed to confirmed a probable Elliott Wave Expanding Flat correction.
Near term its possible there could be a marginal move higher because there are still no bearish divergences on either the RSI or MACD.
The DAX is moving up with many other international stock markets. Please see my posts on the US stock market which is also poised for a decline.
Mark
Near term its possible there could be a marginal move higher because there are still no bearish divergences on either the RSI or MACD.
The DAX is moving up with many other international stock markets. Please see my posts on the US stock market which is also poised for a decline.
Mark