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Elliott Wave Analysis: German DAX Intraday View

Elliott Wave Financial Service
By Elliott Wave Financial Service

DAX is trading nicely lower today, probably in the second sub-wave b of a minimum three wave correction that may unfold in wave iv. As such we may see DAX go a little further to the downside, specifically to the 12186 region, before bulls may again bounce higher into final wave v.

German DAX, 1H

Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
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