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Dax idea - multi time frame

Dax tried to go lower and found support this week

this isn't over yet. Next week i believe we will have some positive days moving towards the wave (4) a key resistance level for dax. It is expect to see a rejection at his level bringing the price down to complete last wave (5)

attached to this idea is the Sp500 and last week De30 analysis

Last week i mention we were going to move towards an ABC correction and looks like we are on track. Take a look at that chart too
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Daily overview
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Hourly chart

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some big Dax stocks overview might help us understanding next week sentiment:

SAP: broke below the triangle and retested

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SIE: at the middle of the range.

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BAS: trying to find support

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ALV: going long
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LIN: broke below, closed previous gap and found support. looking bullish at least for the next days

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Daimler: broke below, made a LL struggling to make a HH

Declinazione di responsabilità