Dax seems to respect the square root lvls calculated from the top ( 13600 )
Dax still in an uptrend that started from the lows at 11260 ( sqrt lvl )
Ended wave 3 at 12236 ( sqrt lvl )
Wave 4 could start now ( small retracement to (11905 sqrt lvl) and should close 2 gaps below.
Wave 5 could end the uptrend at or around ( 12457 sqrt lvls)
These Square root lvls rock.
Dax still in an uptrend that started from the lows at 11260 ( sqrt lvl )
Ended wave 3 at 12236 ( sqrt lvl )
Wave 4 could start now ( small retracement to (11905 sqrt lvl) and should close 2 gaps below.
Wave 5 could end the uptrend at or around ( 12457 sqrt lvls)
These Square root lvls rock.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.