Elliott Wave Analysis: German DAX Intraday
Gregor Horvat | Apr 28, 2017 10:10AM ET
US advance after GDP came out 0.7%, below 1.3% expectations but this did not confuse market moves much. There is still EUR/USD in uptrend and stocks as well. Dax is looking very corrective here from April 25 highs, because of overlaps, so the Elliott Wave theory indicates more upside, higher into wave 5, which in fact may already be underway up to 12520-12550.
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