German DAX
DAX is rising today following a bounce on the US stock market yesterday. S&P500 closed above 2000 after reaching a low of 1082 during the US session. It looks like stocks can be turning back to bullish mode, but we still need some more evidences to confirm higher prices. On DAX, we see a possible ending diagonal in wave C); ideally, it is finished, but a break out of the downward channel and overall with 10452 is needed for bulls.
Read the rest of the article Elliott Waves on German DAX and EURUSD