Dax Time for some correction?
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.
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.
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