DAX30 Futures H4

General Overview for 08/04/2014:

As anticipated the upside wave progression is developing and there is one more wave to the upside missing – wave (v) purple. After this wave is finished ( 10 000 points level ) the large corrective cycle might start due to the higher time frame cycles completed.
Nevertheless, on intraday time frame if the level of 9400 – 9450 holds then the gap might get covered and new high will be made.


Support/Resistance:
9904 – WR3
9810 – WR2
9724 – WR1
9633 – Weekly Pivot
9550 – WS1
9455 – WS2
9369 – WS3

★★★★★★★★★★★★★★★★★★★★★
IF YOU NEED MORE DETAILED ELLIOTT WAVE COUNTS, 
SIGNALS 
AND
EDUCATIONAL MATERIALS, 
THEN JOIN MY VIP SERVICE!

About the author

Sebastian Seliga

Aktywny trader, analityk, ekspert metod inwestycyjnych bazujących na teorii fal Elliott'a, geometrii Fibonacciego i nie tylko.

View all posts

Dodaj komentarz

Twój adres email nie zostanie opublikowany. Pola, których wypełnienie jest wymagane, są oznaczone symbolem *

This site uses Akismet to reduce spam. Learn how your comment data is processed.