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DAX 30 Elliott Wave Theory in Action

DAX 30 UKX UK100 CAC 40 FTSE MIB Elliott Wave 25 January 2019

DAX 30 UKX UK100 CAC 40 FTSE MIB Elliott Wave 25 January 2019

DAX 30, European and American indices are in a corrective retracement together, in Elliott wave terms that is an abc correction. The degree of structure is labelled as follows; Wave b) is completing its current rally higher, once completed Wave c) will move lower. I have covered long and short trade set ups to accommodate most moves.
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