Big DAX Day

The DAX was up a full 3% today on light volume.  Unfortunately, it still does not resolve the dilemma between the two counts I presented on 29 Dec.  The DAX is currently very close to an important lateral resistance level, so what happens here should help us figure out whether we double top near 64xx or truncate badly near present levels.

DAX WEEKLY

DAX DAILY

At a significant .618 fib of the entire [B] wave, and a hypothetical channel line.

DAX 60 MIN

DAX 10 MIN

Divergent RSI - so far...