DAX - Elliott Wave - Wave function motive or corrective?

11 בינו׳ 2023

I can't get out of the mindset that we didn't see a significant retracement after the circled i. If ii is complete, it may mean we are in the third and strongest impulse wave upwards. However, if we are still in the correction, it could play out as the pink circled a-b-c flat.