German Dax has turned positive as expected in the last few trading days, after the market completed a five-wave decline in wave (A) last week. We know that after every five waves, the market will make a three-leg retracement, notice that the market already made three waves up from the low, so we must be aware of a new bearish leg to the downside. Ideally, the market will find its footing around the current 10000 area this week.
Read the rest of the article DAX Corrective Rally May End Soon