DAX

The only option now is to take the DAX falling triangle as a running triangle in wave B that completed earlier in Sept. Then wave C down is just starting and with yesterday's break of the lower line the fall is now a 5 wave impulse in wave 1 of 3.

In the big picture we have a head and shoulder top done in the DAX. The neckline is at 11590. Below the neckline we have a head measurement target of 10060.