wsbza

Wave 5 to make a new high?

wsbza Actualizado   
TVC:DEU40   GERMAN STOCK INDEX (DAX)
not very confident about this expanded flat count but it is possible.
if the rally from 11726.6 is the first wave of final 5, we should expect another wave ii pullback that may offer opportunity to trade for the upside.
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not much changes so far, still expecting a pull-back
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maybe we can count the wave like this
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wait for bullish signal
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Weekly bar closed below the multi year up trend line since 2009
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Guppy-EMAs says bearish on weekly chart
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