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Friday, March 5, 2010

DAX - Wave 2 is very close to its peak



Just a quick word on the German DAX-Index.

As can be seen on the chart sub-wave b is now equal in lenght to sub-wave a and the 61.8 % retracemnet of wave 1 is just above at 5,840.31. So sub-wave c and wave 2 is very close to its final peak from where wave 3 down can begin.

Stay tuned.

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