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Elliott Waves: DAX Back To ATH?![]() DAX made a very sharp and aggressive reversal lower, triggered by the tariff announcements from the US at the start of April, causing a strong intraday drop. But with Trump putting some of tariffs on pause, and speculation that they will reach a trade deal with other countries is causing a sharp rebound, with DAX index now eyeing new highs. It seems like this is a new resumption higher, can be fifht wave with room for 25k if not even higher. But after some near-ter setbacks on 4h TF, which shows nice support for next black wave four at 22250. For more visit us at wavetraders.com ![]() This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
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