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Elliott Wave Analysis: German DAX Searching For A Top?

Elliott Wave Financial Service
By Elliott Wave Financial Service

German DAX is trading in final stages of a black wave 5, specifically in sub-wave v), which means upside can be limited and a new corrective rally may follow. That said, some resistance may come in around the Fibonacci ratio of 261.8.

German DAX, 30Min

Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
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