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DAX

6 Mar 2013 ‚óŹ 04:01 AM

DAX made one more new high yesterday along with the Dow's all time high. It is now in wave Z up and heading towards the 8150 all time high mark. It made a double top there in 2008 so a top near it would set up for a triple top similar to what the S&P is doing. The trendlines make it appear as a wedge however the lack of overlaps in the structure will keep the wedge an open alternative.

DAX060313

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