Name: DAX Elliott Wave Analysis for Wednesday 03/01/2024 (+ HTF)
Uploaded: 2024-01-02T10:33:44.070024
Channel: AndyCuckoo
Description: In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, we are observing ending upward structures. However, another high as a wave 5 cannot be excluded.

Elliott Wave DAX Index dax30 dax40

elliottwaves dax dax30 dax40

In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, we are observing ending upward structures. However, another high as a wave 5 cannot be excluded.