DAX Elliott Wave Analysis for Wednesday 08/11/2023

In the higher time frame, we are working on a wave ((2)) correction down. This wave ((2)) is unfolding as an ABC or WXY structure. The lower time frame favors a WXY structure. We are currently working on the wave X as an expanded flat structure. The wave ((c)) of this expanded flat does not look finished.
DAX Indexdax30dax40Elliott Wave

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