The break below support 10,328.29 do favor that a truncated fifth was set with the test of 10,511.30. A break below support at 10,235.32 would add considerable support to the possible top in place as a truncated fifth.
I would not be surprised if support at 10,235 holds for more distrubution going in to the first week of January 2010, before finally breaking and confirming that the wave [B] is over.
On the other hand everybody seem to be holding the view, that the equity markets can stay near their tops through the year end, which should make us alert, that a breakdown might happen earlier.
If you enjoyed my Dax fractional view, stay tuned for one more. I hope I can have it done doing the weekend.
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