Fx-AlphaStrats

Dax Time for some correction?

TVC:DEU40   GERMAN STOCK INDEX (DAX)
I know its difficult too conclude when a correction is ahead. special i a bull market...

I will take the chance :)

The chart analysis is Elliott wave.

there is; Minor and minute

I erased Minuette, because it looked messy on the chart, and difficult to read.

We also see a bearish Divergence i marked it with arrows and text, in the chart and the RSI.

The Divergence indicate an underlying weakness. bulls may be exhausted at this area. A possible trend direction change.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.