More DAX ED "Nonsense"

Whoever checked the "nonsense" reaction button yesterday turns out to have been correct.  Today's spirited rally in the DAX invalidated the ED the way I had it drawn.  But, being possessed of a very hard head, here is another shot at it.

DAX 10 MIN

DAX 60 MIN

From a longer term perspective, many are looking at the action since March 09 as a cycle b or x wave.  As the chart below shows, such a count really does not look plausible, IMHO, for the DAX.

DAX WEEKLY