In my last Post I told you about the possibility of a big iSHS happening in the DAX. The momentum is decreasing, so it seems very plausible right now:

For those of you that don't know it, a bullish SHS is called inverted Shoulder-Head-Shoulder pattern (iSHS). It is a normal SHS turned 180°, thus pointing upwards once the Neckline is breached significantly.

The 13,000 mark was not a big issue. This was very surprising for many traders and investors, but not for Elliotticians.

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If you make any trades after reading this post it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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DAX update 13.10.17

In my last Post I told you about the possibility of a big iSHS happening in the DAX. The momentum is decreasing, so it seems very plausible right now:

For those of you that don't know it, a bullish SHS is called inverted Shoulder-Head-Shoulder pattern (iSHS). It is a normal SHS turned 180°, thus pointing upwards once the Neckline is breached significantly.

The 13,000 mark was not a big issue. This was very surprising for many traders and investors, but not for Elliotticians.