Elliott Forecast - Elliott Wave View: DAX Resumes Lower | ResearchPool

Almost there...

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

First Name*

Last Name*

Country*

Email*

Password* ( 6 or more alphabetic and numerical characters )

Get financial insights straight to your inbox

YES

I have read and accept ResearchPool Terms & Conditions, and Privacy Policy, including our Cookie Use Policy

Already on ResearchPool? Login Now

Report

Elliott Forecast

Elliott Wave View: DAX Resumes Lower

September 21, 2022 By

Short term Elliott Wave view on DAX suggests the decline from 3.29.2022 high is unfolding as a . Down from 3.29 high, wave 1 ended at 13386.32 and rally in wave 2 ended at 14709.38. Index then resumes lower in wave 3 towards 12390.95, and rally in wave 4 ended at 13939.02. Wave 5 lower is currently in progress with subdivision a 5 waves impulse in lesser degree.

Down from wave 4, wave (i) ended at 13085.20 and rally in wave (ii) ended at 13375.05. Wave (iii) lower ended at 12758.44, wave (iv) rally ended at 13154.15, and final leg lower wave (v) ended at 12603.58 which completed wave ((i)). Wave ((ii)) corrective rally ended at 13564.83 with internal subdivision as a zigzag structure. Up from wave ((i)), wave (a) ended at 13051.57, wave (b) ended at 12617.40 and wave (c) ended at 13564.83. Index has turned lower again in wave ((iii)) of 5. Down from wave ((ii)), wave (i) ended at 12606.64 and wave (ii) rally ended at 12936.57. Near term, as far as pivot at 13939.02 high stays intact, expect rally to fail in 3, 7, or 11 swing for further downside.

DAX 60 Minutes Elliott Wave Chart

DAX Elliott Wave Video

Source:-forecast.com/news/elliott-wave-view-dax-resumes-lower/

#elliottwave #trading #DAX

21/09/2022 1 EN

Provider

Elliott Forecast

Elliott Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients. ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions.

See profile

Other Reports from Elliott Forecast

Eric Morera

Eric Morera

Intraday Elliott Wave View on Gold (XAUUSD) Looking to Resume Bullish Trend

Short Term Elliott Wave View in Gold (XAUUSD) suggests that rally to 2685.58 ended wave 3. The metal then did a pullback in wave 4 with internal subdivision as a double three Elliott Wave structure. Down from wave 3, wave (a) ended at 2654.68 and wave (b) rally ended at 2677.86. The metal extended lower in wave (c) towards 2643.02 which completed wave ((w)). Rally in wave ((x)) ended at 2665.99 and the metal has extended lower again. Down from wave ((x)), wave (w) ended at 2634.3 and wave (x) rally ended at 2644.20. Wave (y) lower ended at 2624.52 which completed wave ((y)) of 4 in higher d...

October 4, 2024 October 4, 2024 1 EN

Eric Morera

Eric Morera

International Business Machine Corp (IBM): Showing a Bullish Sequence And Looking for A $400.00 Target

IBM, or International Business Machine Corporation, is a multinational technology company headquartered in Armonk, New York. IBM operates in over 175 countries and offers a wide range of products and services, including cloud computing, artificial intelligence, computer hardware, and software. The company is also a leader in quantum computing and has made significant advancements in this field. This article and video look at the Elliott Wave outlook of the IBM. IBM Quarterly Elliott Wave Chart Quarterly Elliott Wave Chart of IBM above shows the stock formed a bullish sequence. It has b...

October 4, 2024 October 4, 2024 2 EN

Eric Morera

Eric Morera

Caterpillar Inc ( CAT): Trading Higher Within A Wave (III), Target Above $600.00

Caterpillar Inc., commonly known as CAT, is a leading American manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Caterpillar operates globally and is known for its extensive product line, which includes machinery like bulldozers, excavators, wheel loaders, and haul trucks. Below we will look at the long term Elliott Wave outlook of the company. Caterpillar Quarterly Elliott Wave Chart Quarterly Elliott Wave chart of Caterpillar above (CAT) shows that the stock extended higher strongly within wave...

October 4, 2024 October 4, 2024 2 EN

Read more reports

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?