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EW Counts - Germany Stocks

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6/18/2020

MTU Aero Engines (MTX - Xetra) - Impulse wave pattern
MTU Aero Engines (MTX - Xetra) is in B (or 2nd wave of (C) down) which is under progress and will be  abc zigzag in nature. It can take one or two days to over, thereafter C wave down will start. It is in (A)(B)(C) wave pattern from major top in 4 hour time frame. It dropped in (A) wave in five wave sequence from major top in 2 hour time frame and corrected up in abc flat correction as (B) with c in five wave as shown in 60 min chart and (C) wave down is in progress.

Delivery Hero AG (DHER - Xetra) - Impulse wave pattern
Delivery Hero AG (DHER - Xetra) is in impulse pattern in 2 hr time frame, which is the part of its 5th wave of C in weekly time frame (or 3rd wave). It in 5th subwave of 5th wave, which is actually not a good risk reward entry for trading. But if it extends then can be a good trading opportunity. No trade entry set up for this pattern.   


6/17/2020

Adidas AG (ADS - Xetra) - Updated EW count
Adidas AG (ADS - Xetra) is in B corrective wave down after A impulse wave up over in 15 min time frame. The ABC sequence is the part of wave (B) corrective up. It is moving in (A)(B)(C) zigzag down, but wave (B) is in progress and can take 1 or 2 days to complete. The down cycle (A)(B)(C) is the part of (Y) wave down. In weekly time frame, it has completed impulse sequence and now correcting down in WXY in daily time frame, which is already mentioned in earlier updates. (Y) wave will go down below 160 level.

Bayer AG (BAY - Xetra) - ABC wave pattern
Bayer AG (BAY - Xetra) has completed 3rd subwave of wave C up in ABC zigzag pattern in 2 hr time frame. It is now in 4th subwave, which should be flat or triangle or complex as 2nd wave was sharp zigzag. Wait for 4th subwave to over for next 5th final wave up of C. 

Beiersdorf AG (BEI - Xetra) - ABC wave pattern
Beiersdorf AG (BEI - Xetra) is in final wave 5 of C wave of Y wave up. One more high will end the 5th wave of C (unless it further extend). The WXY in double zigzag pattern is about to over from major bottom in 2 hr time frame. There is no trade here right now, but previously it was suggested for 5th wave up.

Fresenius SE (FRES - Xetra) - ABC wave pattern
Fresenius SE (FRES - Xetra) is in 3rd wave of C wave up. Subwave 2nd will start now of wave 3 of C up, so wait to complete it before get in to it. It must hold invalidation level to retain the count. In weekly time frame it dropped in impulse sequence from major top and moving up in correction. 

Henkel AG (HNK - Xetra) - ABC wave pattern
Henkel AG (HNK - Xetra) is in final wave of C up in ABC zigzag up. It is in the 5th subwave of 5th wave of C wave. After that it will correct down unless it further extends. 

Deutsche Bank AG (DBK - Xetra) - ABC wave pattern
Deutsche Bank AG (DBK - Xetra) is in B wave up in abc zigzag correction, where internal b wave is in progress and about to end soon. The drop from top was impulse wave A. It has completed WXY at last top in 2 hr time frame. 


E.ON SE (EON - Xetra) - ABC wave pattern
E.ON SE (EON - Xetra) is in B wave correction in 10 min time frame. It is in ABC (or it may impulse C wave in 2 hr time frame). B wave is in zigzag abc move, where internal b wave is in progress. So, wait to complete B wave to get in to trade for C wave down. It must hold the invalidation level to retain the count valid. In both the cases corrective or impulse it will go down for C or 3rd wave down as minimal target. 


SAP SE (SAP - Xetra) - ABC wave pattern
SAP SE (SAP - Xetra) is in 5th wave of C wave up final wave in ABC zigzag move up. Overall the stock is in strong up trend and in weekly it may in 5th wave, which means the up move in 60 min will be impulse or diagonal move. It is now too late to get in to trade now. But next correction will be used for next cycle to trade.

Vonovia SE (VNA - Xetra) - impulse up wave
Vonovia SE (VNA - Xetra) is in 5th wave up of impulse sequence. It was within subwave 1 of wave 5 up, which was over and now moving down in 2nd subwave. It can be good buy with stops below 4th wave, if it drops little more. As per alternate count it may be the part of 4th wave complex correction, so focus on out-performance to DAX, when enter in trade.




6/3/2020

DAX (DE30 - Xetra) - C wave up
DAX (DE30 - Xetra) is 3rd internal of 3rd of C wave up (or 3rd wave up, if it turns out impulse) in 60 min time frame. It is moving exactly as expected earlier. In weekly time frame, it may be in 5th wave up of C wave as shown in chart. Progress of C ( or 3rd wave) will show us if it’s an impulse. (Refer chart update - 5/26/2020) 

SDAX (DAX Smallcap - Xetra) - Impulse up
SDAX (SDAX - Xetra) is in internal 3rd of 3rd wave up as extended wave in 60 min time frame. It is also out-performer to DAX. In weekly time, it is in 5th wave up move after 4th wave flat correction. SDAX is also out-performing the DAX in last up move in 60 min time frame. (Refer chart update - 5/26/2020)

MDAX (DAX Midcap - Xetra) - Impulse up
MDAX (MDAX - Xetra) is in internal 3rd of 3rd wave up as extended wave in 60 min time frame. It is also out-performer to DAX if compared. In weekly time frame it aligns with DAX and SDAX for 5th wave up after flat like 4th wave correction. (Refer chart update - 5/26/2020) 

TECDAX (DAX Technology - Xetra) - Impulse up
TECDAX (DAX Technology - Xetra) is in 3rd of 3rd wave up of major 5th wave impulse sequence up in 60 min and extension seen in the 3rd wave as equal sized waves moving upward direction. It is also huge out-performer than DAX and other indices. (Refer chart update - 5/26/2020) 

Adidas AG (ADS - Xetra) - WXY wave pattern
Adidas AG (ADS - Xetra) is in 3rd wave of C of Y wave up as internal ABC zigzag correction. In weekly time frame impulse sequence is already over and WXY correction is under progress in which X wave up going on as shown in chart. (Refer chart update - 5/26/2020) 

Bayer AG (BAY - Xetra) - ABC wave pattern
Bayer AG (BAY - Xetra) is in ABC zigzag wave pattern as shown in 60 min time frame, in which price is moving up in 3rd of C wave. Watch invalidation level for pattern formation. In weekly time frame it has dropped in impulse pattern and now correcting up. (Refer chart update - 5/26/2020) 

Beiersdorf AG (BEI - Xetra) - ABC wave pattern
Beiersdorf AG (BEI - Xetra) is in 3rd wave of C up in ABC wave sequence as the part of WXY corrective up cycle. In weekly time frame it completed impulse sequence at major high as shown in weekly chart and dropped in W and now correcting in X wave up. Thereafter Y wave will move down again to completed the cycle. 

Bayerische Motoren Werke AG (BMW - Xetra) - ABC wave pattern
Bayerische Motoren Werke AG (BMW - Xetra) is in 3rd wave of C wave up, which is about to end soon in ABC zigzag wave pattern in 60 min time frame. In weekly time frame it completed WXY wave pattern and now correcting in upside in ABC correction. (Refer chart update - 5/26/2020) 

Deutsche Post AG (DPW - Xetra) - WXY wave pattern
Deutsche Post AG (DPW - Xetra) is in 3rd of C as ABC zigzag in Y wave upside. In weekly time frame it completed correction after an impulse up move. (Refer chart update - 5/26/2020) 

Fresenius SE (FRES - Xetra) - ABC wave pattern
Fresenius SE (FRES - Xetra) is in 3rd wave of C wave up of ABC zigzag wave pattern in 60 min time frame and out-performer to DAX index. In weekly time frame it dropped in impulse sequence from major top and moving up in correction. (Refer chart update - 5/26/2020) 

Henkel AG (HNK - Xetra) - ABC wave pattern
Henkel AG (HNK - Xetra) is in 3rd internal of 3rd of C wave up in ABC zigzag wave pattern in 60 min time frame. In weekly time frame it corrected in WXY complex correction after ABC up move. (Refer chart update - 5/26/2020) 

SAP SE (SAP - Xetra) - ABC wave pattern
SAP SE (SAP - Xetra) is in 3rd wave of C wave up as extended wave in ABC zigzag move up. Overall the stock is in strong up trend and in weekly it may in 5th wave, which means the up move in 60 min will be impulse. (Refer chart update - 5/26/2020) 

Continental AG (CON - Xetra) - WXY wave pattern
Continental AG (CON - Xetra) is in 5th wave of A up of Y cycle, which is about to end soon and B wave down correction will start. In weekly time frame it completed downside WXY complex, which was after impulse sequence. (Refer chart update - 5/26/2020) 

Vonovia SE (VNA - Xetra) - impulse up wave
Vonovia SE (VNA - Xetra) is in 5th wave of 3rd up, which is about to end and 4th wave correction will start down. In weekly time frame it is moving up within channel. (Refer chart update - 5/26/2020)

MTU Aero Engines (MTX - Xetra) - Impulse wave pattern
MTU Aero Engines (MTX - Xetra) is in ABC wave pattern from top in 2 hour time frame. It dropped in A wave in five wave sequence from major top in 2 hour time frame and corrected up in abc flat correction with c in five wave as shown in 60 min chart. Now C wave down will start, but wait till confirmation to get in to. 

Deutsche Wohnen AG (DWN - Xetra) - Impulse up wave
Deutsche Wohnen AG (DWN - Xetra) is in 5th of 5th wave up in 60 min time frame, which is about to end with one more high. Either this is big wave 1 or extended wave is unfolding, because in weekly time frame the 5th wave up is in progress, which means it has to move higher so much to complete the count in weekly. (Refer chart update - 5/26/2020)

United Internet AG (UTDI - Xetra) - Impulse up wave
United Internet AG (UTDI - Xetra) is in 4th internal wave of 5th up as primary count in 60 min time frame. The price is in within channel and waves are continuously moving up, which is hard to identify clearly . In weekly time frame it goes up in ABC correction or bigger C wave up. (Refer chart update - 5/26/2020) 

Puma SE (PUM - Xetra) - ABC wave pattern
Puma SE (PUM - Xetra) is in ABC zigzag wave pattern and in 5th final wave of C up in Y wave in 60 min time frame. In weekly time frame it completed impulse sequence at top and now correcting down in ABC sequence. (Refer chart update - 5/26/2020) 

Evonik Industries AG (EVK - Xetra) - ABC wave pattern
Evonik Industries AG (EVK - Xetra) is in ABC zigzag wave in 60 min and moving up in 3rd internal of 3rd wave of C up. In daily time frame it completed WXY correction downside from major top and now going up in ABC initially. (Refer chart update - 5/26/2020) 

Porsche Automobil Holding SE (PSHG - Xetra) - ABC wave pattern
Porsche Automobil Holding SE (PSHG - Xetra) is about to complete its 3rd wave of C up in 60 min time frame. In weekly time frame it completed downside WXY complex correction and now started new cycle upside which might be ABC or impulse. (Refer chart update - 5/26/2020)

5/27/2020


Porsche Automobil Holding SE (PSHG - Xetra) - ABC wave pattern
Porsche Automobil Holding SE (PSHG - Xetra) is in ABC zigzag wave pattern in 60 min time frame. It is now in 3rd wave of C wave up. In weekly time frame it completed downside WXY complex correction and now started new cycle upside which might be ABC or impulse.

Shop Apotheke Europe (SAE - Xetra) - Impulse wave pattern
Shop Apotheke Europe (SAE - Xetra) is in 3rd of 5th wave in 60 min time frame. It is strong and out-performing to DAX index. In daily time frame it is in ABC pattern and 3rd of C wave is in progress, after one more correction sharp and then 5th wave up expected.

Prosiebensat 1 Media AG (PSM - Xetra) - ABC wave pattern
Prosiebensat 1 Media AG (PSM - Xetra) is in ABC zigzag wave pattern in 60 min time frame. It is now in 3rd wave of C wave up. In weekly time frame it dropped in ABC (or either 1-2-3) and now corrected up in ABC. It is out-performing in 60 min time frame than DAX index.

Evonik Industries AG (EVK - Xetra) - ABC wave pattern
Evonik Industries AG (EVK - Xetra) is in ABC zigzag wave in 60 min. It is now in 3rd wave up of C wave after B wave corrected in abc zigzag pattern. In daily time frame it completed WXY correction downside from major top and now going up in ABC initially.

Puma SE (PUM - Xetra) - ABC wave pattern
Puma SE (PUM - Xetra) is in ABC zigzag wave pattern, where B wave is complex and its in last stage of c wave up of Y wave of WXY internal wave of B as shown in chart of 60 min time frame. In weekly time frame it completed impulse sequence at top and now correcting down in ABC sequence which shown in 60 min time frame. Wait for impulse drop to confirm the down trend.

Sartorius AG (SATG -Xetra) - Impulse up wave
Sartorius AG (SATG -Xetra) is in its 3rd wave up in 60 min time frame. Internal 3rd of 3rd wave is about to end when make one more high as shown in chart. In monthly time frame its in its 5th wave up and strongest stock in DAX market. 2nd wave was choppy both the time in 60 min, so 4th wave will be sharp decline expected, which will be good entry point.

Siemens Healthineers AG (SHLG - Xetra) - Impulse wave pattern
Siemens Healthineers AG (SHLG - Xetra) is about to end its impulse sequence from first look by identifying its waves up. In daily time frame it is in C wave as ABC bigger flat correction. But till it out-performing DAX market and in 60 min time frame its price action within channel, we are too early to say impulse is over. It may possible to extend the move up by making new and new high at equal up moves.

United Internet AG (UTDI - Xetra) - Impulse up wave
United Internet AG (UTDI - Xetra) is in 3rd internal wave of 5th wave up as primary count in 60 min time frame. The price is in within channel and waves are continously moving up with small equal distance, so its a possible extension, which is sometimes hard to identify, when ends or how much extends. In weekly time frame it goes up in ABC correction or bigger C wave up. In 60 min time frame one more dip of internal 4th wave of 5th up will be good entry as its out-performing the DAX.

Deutsche Wohnen AG (DWN - Xetra) - Impulse up wave
Deutsche Wohnen AG (DWN - Xetra) is in 5th of 5th wave up in 60 min time frame. Either this is big wave 1 or extended wave is unfolding, because in weekly time frame the 5th wave up is in progress, which means it has to move higher so much to complete the count in weekly. It means in weekly either its wave 1 or extended wave. Keep watch on invalidation level after every rise it found extended wave.

5/26/2020

DAX (DE30 - Xetra) - C wave up
DAX (DE30 - Xetra) is in C wave up (or 3rd wave up, if it turns out impulse) in 60 min time frame. It in 3rd wave of C wave up after impulse A wave up followed by zigzag B wave shallow correction. In weekly time frame, it may be in 5th wave up of C wave as shown in chart. Progress of C ( or 3rd wave) will show us if it’s an impulse. Let’s see another sector/ indices to confirm the thesis. Also price is reversing in V shape bottom from Corona Pandemic, which is the sign of impulse wave.

SDAX (DAX Smallcap - Xetra) - Impulse up
SDAX (SDAX - Xetra) is in internal 3rd of 3rd wave up in 60 min time frame. In weekly time, it is in 5th wave up move after 4th wave flat correction. In 60 min time frame now it’s going up for 3rd wave as the part of 5th wave weekly up. SDAX is also out-performing the DAX in last up move in 60 min time frame.

MDAX (DAX Midcap - Xetra) - Impulse up
MDAX (MDAX - Xetra) is in internal 3rd of 3rd wave up in 60 min time frame. It is also out-performer to DAX if compared. In weekly time frame it aligns with DAX and SDAX for 5th wave up after flat like 4th wave correction. The price movement is steadily up like an impulse. Price is reversing in V shape bottom from Corona Pandemic, which is the sign of impulse wave.

TECDAX (DAX Technology - Xetra) - Impulse up
TECDAX (DAX Technology - Xetra) is in 3rd of 3rd wave up of major 5th wave impulse sequence up in 60 min. It is also huge out-performer than DAX and other indices. In weekly time frame, like other indices it is also in 5th wave up of C wave up, which almost recovered in V shape from major bottom. 

SAP SE (SAP - Xetra) - ABC wave pattern
SAP SE (SAP - Xetra) is in ABC zigzag up move in 60 min time frame. Currently price is in 3rd wave of C wave up. Overall the stock is in strong up trend and in weekly it may in 5th wave, which means the up move in 60 min will be impulse. Next movement will decide what will gonna be impulse or ABC.

Bayer AG (BAY - Xetra) - ABC wave pattern
Bayer AG (BAY - Xetra) is in ABC zigzag wave pattern as shown in 60 min time frame. In weekly time frame it has dropped in impulse pattern and now correcting up. In 60 min time frame it is in 3rd wave of C wave up, which should be very sharp up. Overall its market perform stock and mainly do what market is going to do, without any news behind.

Adidas AG (ADS - Xetra) - WXY wave pattern
Adidas AG (ADS - Xetra) is in WXY wave pattern in 60 min time frame. Currently price is in C wave of Y wave up as ABC zigzag correction. In weekly time frame impulse sequence is already over and WXY correction is under progress in which X wave up going on as shown in chart.  

BASF SE (BASF - Xetra) - WXY wave pattern
BASF SE (BASF - Xetra) is in WXY wave pattern in 60 min time frame. Currently price is in C wave of Y wave up as ABC zigzag correction. In weekly time frame it completed one down cycle of WXY and now correcting upside but it’s bounce is poor. Even though C wave up can be sharp.

Bayerische Motoren Werke AG (BMW - Xetra) - ABC wave pattern
Bayerische Motoren Werke AG (BMW - Xetra) is in ABC zigzag wave pattern in 60 min time frame. It is now in 3rd wave up of C up. In weekly time frame it completed WXY wave pattern and now correcting in upside in ABC correction.

Continental AG (CON - Xetra) - WXY wave pattern
Continental AG (CON - Xetra) is in WXY corrective up movement and currently moving up in C wave of Y wave up in its 3rd wave, which confirmed by gap today. In weekly time frame it completed downside WXY complex, which was after impulse sequence.

Deutsche Post AG (DPW - Xetra) - WXY wave pattern
Deutsche Post AG (DPW - Xetra) is in WXY wave pattern in 60 min time frame. It is in 3rd of C of Y wave. In weekly time frame it completed correction after an impulse up move.

Fresenius SE (FRES - Xetra) - ABC wave pattern
Fresenius SE (FRES - Xetra) is in ABC zigzag wave pattern in 60 min time frame and moving in 2nd wave of C wave up as out-performer to DAX index, after which 3rd wave will start soon. In weekly time frame it dropped in impulse sequence from major top and moving up in correction.

Henkel AG (HNK - Xetra) - ABC wave pattern
Henkel AG (HNK - Xetra) is in ABC zigzag wave pattern in 60 min time frame and moving in 2nd wave of C wave up, after which 3rd wave will start. In weekly time frame it corrected in WXY complex correction after ABC up move.

Vonovia SE (VNA - Xetra) - impulse up wave
Vonovia SE (VNA - Xetra) is in impulse up move in 60 min, in which it is about to complete 3rd wave up. In weekly time frame it is moving up within channel, which indicates a strong trend and last sharp drop would be probably 4th wave of any cycle, which is really hard to count or you get many counts for this uptrend. Anyway in 60 min it is also out-performing the DAX index, so better to count as impulse.

HelloFresh SE (HFG - Xetra) - Impulse up wave
HelloFresh SE (HFG - Xetra) is in 5th wave of 3rd up in 60 min time frame. In daily time frame the current price action is the part of 5th internal of 3rd wave up. It is all time high stock and huge out-performer to DAX. It should hold invalidation level to go up. 

Delivery Hero AG (DHER - Xetra) - Impulse up wave
Delivery Hero AG (DHER - Xetra) has completed its impulse wave within 60 min time frame unless there will be further extension comes. In weekly time frame it completed ABC wave pattern. Now watch closely in 60 min time frame for next move, which will decide the next direction. Red line as invalidation point of wave 1 top is most important level.

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EW counts - US stocks

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