German DAX did not go far in the last few days, so our view remains unchanged. We are still tracking wave 2/B which can be a flat after only three sub-waves up to 10794 which we see it as sub-wave b. As such, normally we can expect that sub-wave c will then find a support near swing low of blue wave a which comes in around 10550, or maybe index will bounce from 10500, at 38.2% Fib. level.
German DAX, 1H
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