[Premium] German DAX Zigzag – Short Term Swing Trade Setup (Futures) [Setup Expires 1-3 days]

Nov15dax

This is a swing trade setup for the DAX Futures heading into next week using the 4 hour candlestick chart, zoomed in.

Best case scenario: ABC zigzag is completed with 5 waves down in the C closing at the lows..this would mean a 618 reversal back above 10840 or higher on 5 waves down in the C as detailed in the chart.  Buying in the 10620-10640 range on the 5th wave could produce nearly 200 points to the upside on a reversal here…BUT the Paris terrorist attacks sent all stocks plunging moments after this event happened..so..

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About the author

CEO Ted Aguhob, Master Elliottician and Technical Analyst, Day And Swing Trader, Website Designer And Marketer, Artist, Producer and Musician has provided content to gemxwave.com, wavegenius.com and masterofcharts.com for over 14 years. The biggest breakthrough as a blogger came in 2013 when Wavegenius.com produced a net profit of over $177,000 and became one of the highest earning blogs in the entire country. Many of his biggest and most amazing calls appeared on major financial websites like Thestreet.com, Yahoo Finance and MSN Money, was a radio personality on Washington DC Radio, and has a following in the tens of thousands for many years. Ted is known for his charisma, vision, creativity and better yet.."genius."

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