Name: DAX Elliott Wave Analysis for Monday 04/03/2024 (+ HTF)
Uploaded: 2024-03-02T08:30:43.184755
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. This results in two possibilities: we are now working on a wave ((3)) or we are close to finishing a wave ((1)).

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. This results in two possibilities: we are now working on a wave ((3)) or we are close to finishing a wave ((1)).