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DAX

6 Sep 2018 ‚óŹ 07:24 AM

The DAX index broke the neckline of the triangle formed over the last 6 months and doing so has completed wave B and started wave C down. This fits the larger Head and Shoulders top formation which means that wave C will not only test the neckline at 11614 but head towards the head measurement extension near 10000. This method of calculation was explained in John Magee in great detail.

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