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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.
Structure - Ending Diagonal 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 - Ending Diagonal Overshoot Sequence - ABC Sequence within Super-Cycle Waves (A)(B)(C) (purple)
Current Position Super-Cycle Wave (A) (purple)
Next expected swing Bearish 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 ABC (red) would reflect the next Larger Degree Recession.
Structure change Breach of the lower trend-line of the Ending Diagonal could reflect the fact that the Market Crash already started.
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Market Crash in play! Don't say you weren't warned! Wave A almost complete, Wave B pending.
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DAX located in a B wave correction.
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Primary A (blue) complete or almost complete. Bearish sequence in Primary B (blue) should commence soon.
Impressive, thanks for the update.
What is your assumption timingwise? you think it will take years for this to unfold?
Thank you in advance!
Lionheart-EWA
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@DaxDepp, Thanks for the nice feedback. Yes, the B wave would be expected to last around 1-2 years. In 2022 we should be equipped with new ATH's or a complete B wave correction. The C leg down towards 2009 lows reflects the next Recession-Depression.
DaxDepp
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Great job!
Do you mind sharing your thoughts about the possibility of a B-wave bounce already happening?
Lionheart-EWA
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@DaxDepp, Thanks! For some reason I did not reply in time back then, my apologies. Previous to your comment I did update this idea, signaling the B wave correction start, from around 8K.
What is your assumption timingwise? you think it will take years for this to unfold?
Thank you in advance!