In December, DAX perfectly hit the target area which was outlined in August and it is now time to discuss the next targets.
The large candles that closed on December 30th are concerning and could alter the long term forecast. Let’s have a look from different angles.
This yearly update discusses:
– technical and candle events on various frames;
– mid- and long-term forecasts with Elliott Waves.
This analysis is part of the InvestingAngles Weekly Series – US and global indices, Cryptocurrencies, Commodities, Currency, and Large Cap stocks.
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