Mentorship

Mentorship

DAX

20 Mar 2013 ‚óŹ 04:55 AM

Major European markets show completed 5 wave advances near the upper trendlines touching the highs. I refer to Dax [7947 -below], CAC and FTSE, Dax comes very close to its triple top high of 8167 odd. The lower trendline is at 7723 and a close below it would confirm this view, of a trend reversal in Gremany. The two year trendline is at 7272, and a close below that would confirm the end to the 2 year rally in a corrective A-B-C.

dax200313

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