DAX 30 Nov 7, 2016

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DAX 30 Nov 7, 2016

Post by Evgenia Gencheva on Mon Nov 07, 2016 10:43 am

There is a good opportunity for DAX to recover some losses from last week.

In my opinion DAX will reach today 10500.

On this chart are clearly visible moving waves 1 and 3. In the afternoon, I expect moving wave 5 to 10500.
Currently we have and corrective waves 2 and 4. Corrective waves usually look as consolidations and the exact corrections look as properly or inverted 'V'.

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Evgenia Gencheva
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