Just look at the chart, everything is described.
הערה:
Well I guess it is time to update...the DAX is following the drawed lines and Mr. Trump is following what I thought he would do. The "Iran - Gate" could be even worse than we assume at the moment.
See, we are very close to II, trade tensions seem to vanish and ECB is starting a new QE again. Thow, we are facing an unexpected hard "Brexit" which could cause a small crash within the next few weeks. Even though we have not been that deep in the previous I - phase, we are pretty exact on the II - target. Just press the "play" button to watch it.
Thanks