DAX Taking Profit time... But no "big short" for now (later)

2017年5月31日

Just as american indices the Elliott count suggests that the "big short" is coming a bit later ! Anyway there's no point buying the current prices either.. Buyers must get out here and wait for better prices to come back in for the last ( III ) wave before we get to reach the final supercycle count.. Which will mean that we will finally be able to get that supposed "big short" trade ! At least a low risk level to try it out !
Anyhow for the moment it's time to eventually short for a daily/weekly retracement and the signal should be coming pretty soon.

2017年5月31日

註釋

Having a look at the intraday H2 timeframe chart, more detailed informations came over... There is the idea link :

2017年6月11日

交易進行

Price is working inside the zone, which tends to confirm investors interest on this area and the final resolution should be the down move expected in order to retrace back to channel support area. There's still room for a little final excess through the level but all seems to plead for the retracement here. At least there's no point buying anything and buyers should now be patient and wait for dynamic channel supports to come closer in order to consider new long entries on equities ! That's my opinion ! Scenario is on track now ;) Still waiting for a price confirmation to come by breaking down the identified level at 530 in order to step in with full leveraged positions.. still low leveraged at the moment for me but shorted the current market top as suggested there :

and reinforced recently as suggested there :