#dax $dax

Apologies for late start today - been in meetings and otherwise engaged. Dax pushed down to the 123.6% extension of the corrective 'a-b' overnight and nearer the 8780 support line. I have upped the degree of pyrapoint to show only 45degree steps, which seems to pick up the 'c' waves rather than internal 'b's. The move to 9017 was within 4 pips of last night's projection, but looking for this move to end nearer 9150. I'll be out of all longs there and starting to build short positions. Recall, we do not know if the 8351 low is it or not, so could be a 1000 pip drop if a new low is coming. Given the spike in volume at 8351 on the daily chart, I think there are a lot of stops just under there, to guarantee the market a buyer!!! Anyhow, up first please.