Mentorship

Mentorship

DAX

26 Oct 2021 ‚óŹ 03:24 AM

After a corrective decline, Dax has seen a five-wave rise from its recent low of 14818. Possibly wave V should unfold now. However, in this case, wave I is smaller than wave 3 so wave V can be truncated. Nevertheless, the up move can still be meaningful in the weeks to come because the weekly momentum indicator is just on the verge of turning bullish.

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