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DAX30 - Elliott Wave Outlook
Bearish Swings - Patterns:
Triple Three structure in Super-Cycle Wave (IV) (green)
W (purple) - Expanding Flat
X (purple) - Three (false break-out)
Y (purple) - Complex Flat with a Descending Triangle
X (purple) - Running Flat
Z (purple) - Zig-Zag
Bullish Swings - Patterns:
Impulse in Intermediate (1) (blue)
Leading Diagonal
Next expected swing:
Bearish sequence in Intermediate (2) (blue)
Structure change:
Bullish continuation in an impulsive manner could lead towards more up-side for in a big extension.