Dax looks like the correction is complete (Elliott Wave)

In my previous post I discussed how DAX was moving down in Wave 4, as of now it seems that the correction is complete and that DAX can move upwards for a Wave 3, the green corrective channel should be broken on the upside for further confirmation.

Stops should be placed below 12064 level as that is the recent low of Wave 2.

I will update further as this market continues.