DAX Elliott Wave Analysis: Buyer Intervention Follows Zig Zag Correction Completed at Key Level

This technical analysis examines the Elliott Wave structure of the DAX Index, where buyers entered the market following the completion of a zigzag correction at the Equal Legs zone. The report details the wave structure, forecast analysis, and recent price action dynamics.

In Elliott Wave theory, the zigzag pattern represents a corrective structure composed of three primary swings labeled A, B, and C. These swings follow a 5-3-5 subwave configuration: wave A (5 subwaves), wave B (3 subwaves), and wave C (5 subwaves). Waves A and C must exhibit impulsive or diagonal characteristics, including divergences in RSI, Fibonacci retracements, and extensions that align with wave subdivisions.

DAX 1-Hour Elliott Wave Analysis 09.09.2026

The pullback sequence in the DAX Index revealed a clear five-wave structure in wave ((a)), followed by a three-wave retracement in wave ((b)). The subsequent wave ((c)) was anticipated to form an additional five-wave decline, targeting the Equal Legs zone calculated from waves ((a)) and ((b)): 25274.27–25062.60.

A break below the wave ((a)) low was required to confirm further downside momentum, which occurred as projected. This positioned the index to test the predefined target range.

DAX 1-Hour Elliott Wave Analysis 09.14.2026

The market confirmed the bearish continuation, with the index approaching the Equal Legs target zone. The zigzag correction was expected to finalize in this range, potentially triggering a short-term three-wave rebound. However, the prior analysis emphasized the importance of monitoring wave dynamics for subsequent trend shifts.

DAX 1-Hour Elliott Wave Analysis 09.14.2026

Buyers intervened precisely at the Equal Legs zone (25274.27–25062.60), validating the zigzag completion. This marked the end of the corrective phase and initiated a wave X red recovery against the 26616.21 peak. Market conditions remain fluid, and structural interpretations may evolve based on new price data.

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