Hamilton's E-Wave Analysis

DAX, Done?

Then – Jan 23, 2015, a month ago – and now.

We, of course, did not expect the extreme possibility to occur, perhaps we should have. Everything seems to go as far as it possible can. In any event we are now within a day (or two) of that point where the equals the a as a vector. The RSI has crept up into overbought territory and the MACD is languishing for more than a month now. This is a 36% gain in 4 1/2 months!

PS With today’s high at 11,401.66 we are there as far as I can tell.