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DAX30 has been labeled within a Sub-Millennium degree wave 5 (blue), which has been unfolding ever since the 2009 bottom, when the Recession ceased.
2009 lows and up until Apr 2015 peak - Grand Super-Cycle I (green)
Apr 2015 peak and down until Feb 2016 lows - Grand Super-Cycle II (green)
Feb 2016 lows and up until Nov 2017 extremes - Grand Super-Cycle III (green)
Nov 2017 extremes and down until Dec 2018 - Grand Super-Cycle IV (green)
Grand Super-Cycle V (green)
Pattern - Overshoot
Sequence - Sequence within Super-Cycle Waves (A)(B)(C) (purple)
Super-Cycle Wave (A) (purple)
Next expected swing
sequence in Super-Cycle Wave (B) (purple)
Market Crash Forecast
Support granted at or around the 11500.00 mark and then a huge rally towards the 15000.00 levels, where Sub-Millennium 5 (blue) is expected to complete.Sub-Millennium Waves (red) would reflect the next Larger Degree Recession.
Breach of the lower trend-line of the could reflect the fact that the Market Crash already started.