DAX Elliott Wave Analysis for Wednesday 24/01/2024

In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, the primary scenario suggests that wave 4 as a WXY structure is in.
DAX Indexdax30dax40Elliott Wave

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