The DAX … the guest’s view
Here the chart and explanation of a friend of mine … Henning V. … Have a look 
Monthly DAX Chart reveals: SYMMETRY !
Pattern are often ruled by a “symmetry line”.
Although this is not “official Technical Analysis” we obey these lines quite often in every time scale.
What we often see is that the “inner points” have about the same distance from a previous high respective low
[in this case 2553 and 2615 points] and the first LOW and HIGH are off the “symmetry line” 1:1 [2.352 : 2270).
Besides just watching to this impressive yearlong line FIBONACCI can also be found it the calculated figures drawn
into the chart.
GREEN:
X1 = 1.21
X2 = 1.55
We also see extensions in the course of such a pattern:
BLUE:
3.079 * 1.21 = ~3749
You see, this extension is the same extension than x1 and CREATES HARMONY !
We CANNOT predict every single DAX count for the next month, instead we can define when this pattern will come to
a balanced “EQUILIBRIUM”
Trained in doing this for intraday charts… where we often can identify pattern that seek for “universal” harmony…
THIS PATTERN NOW WILL REACH HARMONY AT THE RED LINE ….
I HAVE TO ADMIT. THIS summer I have looked at his pattern, I ve studied it, I went through it, and I said to myself… THIS CANNOT BE TRUE… THERE MUST BE A COMPLETE BREAKDOWN IN THE WORLD TO HAVE THIS COME TRUE…
We cant alleviate reality… DEFINITLY THIS IS EASIER FOR INTRADAY CHARTS… because its not necessary to have the financial world to crack… when you imagine where you will find HARMONY and SYMMETRIE !!!
PLEASE CONSIDER: THESE PATTERN ARE ONLY VISIBLE WHEN THE “GREAT ARTIST” HAS STARTED TO PAINT AT LEAST SOME 30 - 40 % of it … you cannot see it from the very beginning…
Thanks Henning for giving us your “wisdom”
