A longer timeframe analysis of the DAX from Aaron Monthly chart– Few things stands out  that suggests a likely move lower . 1- Grand Elliot wave count, including sub waves. As shown the Dax made it wave 5 of 12954 in June, followed by 3 month decline. September so far has proven to be bullish Though if we apply Elliot wave theory of the major 5-3 structure = bullish 5 = corrective 3 wave down,is possible to see September’s bullish candle suggesting the corrective B wave higher. So, according to the 5-3 wave theory the next wave to follow must be a major C wave lower (dotted arrow) 2- 200ma distance to price. If we measure the current price to distance of 200ma we have an extreme deviationand possibly a major sell off follows which leads to price falling back to the 200ma as  in the past. Moving to the weekly chart. we will check if  a bearish correction from the Monthly is as well supported. The weekly wave count is a lot more complex, though it still validates the major 5-3 structure in place on the monthly chart. More importantly is in this case the candlestick analysis Friday’s candle (highlighted) was a doji. Even though it did not gap up is still possible an Evening star pattern if next Monday’s candle is red. A lesson I was taught by a great trader many moons ago was when examining candlestick patterns for a possible reversal  was the degree of probality it may have. We need to look back in the past and indentify: 1- has this pattern shown up,and did it prove to confirm a reversal? 2- Looking back at the weekly chart. In the chart is highlighted doji’s which sit above previous green candle has proven to follow a decline which morphs into out DOJI EVENING STAR a three candles pattern. If we take into account both the weekly possible bearish reversal to the wave structure to the monthly, we have a higher degree of probability for the move to happen. Daily chart was already discussed the Harmonic fratual in the previous Gann post. Given last weeks high of  12,647, within a 100 pts of the top of the 1st harmonic from April of 12,734 , the harmonic move is still valid but may not reach it’s termination point.. On last  Friday’s candle the chart shows a shooting star candle which supports the overall bigger strucuture and the Doji on the weekly. To summarize the analysis on all  timeframes the analysis supports a bearish reversal , so be prepared to short the DAX and close your long positions. Addendum October a Gann forecast of the Mundane of Planetary aspects So what do the planetary aspects is telling us about the new month of October  Mars – the planet of strife, hate, provocation, rows, feuds, saber rattling, military conflicts, weaponry, missiles, bombs, guns, acts of violence, shootings, accidents, alcohol, fires, heat waves, forest fires, police officers, fire fighters and emergency services – will again play the lead role in global affairs during October 2017. Saturn – events involve security, insecurity, safety measures, crystallizing conservatism, selfishness, protectionism, recession, economy, austerity, cutbacks, heavy burdens, loss, disappointment, fear, destructive weather events, natural disasters – floods, storms, droughts, famines, earthquakes – hardship, grief, laborers, farmers, miners and immigration.  Uranus – events involve change, reform, radical extremism, startling revelations, shocks, social unrest, protests, demonstrations, liberation movements, freedom fighting, bizarre happenings, emails and weird behavior. Jupiter events involve finances, the financial sector, currencies, banks, bankers, trade, legal matters, the law, the judiciary, courts, religion, religious leaders, priests, bishops, optimism, hope and expansion. Mercury events involve controversy, discussion, debate, irrational rhetoric, conversations, speech, documents, reports, science, journalists, newspapers, commentators, writers, educators and wind. Neptune events involve schemes, exaggeration, share-markets, confusion, chaos, deception, fraud, white-collar crime, aviation, planes, oil, gas, drugs, opioids, lies, fake everything, movies and movie stars. Pluto events involve groups, massive crowds, coalitions, groups of countries, cooperation, unity, disunity, compulsory measures, sanctions, terror networks, computers, websites, computer hackers, cyber-crime, insidious evil, dictators, human monsters, vile behavior, crime,  kidnapping and drastic developments. Ongoing events September 6, 2019: Pluto is parallel Saturn in Pluto cycle > Pluto is the planet of groups, crime, corruption, drastic events, terror networks and cooperative effort and Saturn is the planet of fear, security, poverty, droughts, famines, floods and other natural disasters. The Lower-Pluto thought-force is active on many fronts spreading fear and insecurity. Counter terrorism measures, terror threat alerts and cyber security are key issues. The aspect forecasts drastic weather events and natural disasters. October forecast Jupiter – the planet of finances – will lead the news queue during the first week of October. In the Jupiter cycle Jupiter is trine Neptune – planet of fraud and deception – inconjunct the Moon – planet of the common people, food and water – and inconjunct Uranus – planet of unexpected events, sudden shocks and reform. Jupiter opposition Uranus in the sky on September 28 and Uranus semisquare Neptune in the sky on October 7 forecast a sudden outbreak of market jitters with financial turmoil and confusion. October 2/3: Mars is trine Mercury and Pluto in Mars cycle > the Mercury-Pluto conjunction aspect is a hot-spot in the Mars cycle US Mars cycle progressed to October 3, 2017   Transit Mars in house 7 is inconjunct Mercury and Mars in house 12 (restriction, secret enemies, behind the scenes activity, FBI, crime and relief measures). October 4: Uranus parallel Saturn in the Uranus cycle starts > this aspect forecasts a wave of extreme conservatism, a conservative backlash to progressive change, widespread fear of change, discontented hardliners, unrest and demonstrations inspired by hardship and poverty, extreme weather events, technology failures, electricity shortages, blackouts and progressive change that goes back to the past – end date is March 21, 2018 October 5: Sun is parallel and opposition Mercury in the Sun cycle > comments and announcements by a world leader stir up controversy October 8: Mars is inconjunct Uranus in Mars cycle October 9: Sun is parallel Jupiter in Sun cycle October 11: Mars is square Saturn in the sky > war fears, anger and despair, harsh suffering, fleeing violence, destructive weather events, natural disasters, mining accidents and fires Mars square Saturn in the sky Washington Mars is in house 10 (the Trump administration, business activity and credit). Saturn is in house 2 (finances and spending). The Mars-Saturn discord forecasts a ‘bad’ event involving these areas of mundane life. (Chart data is 9.37am EDT, October 11, 2017 Washington.) Mars is semisextile Jupiter in Mars cycle October 12: Jupiter sextile Venus in Jupiter cycle starts > this is a high harmony aspect operating in a high-discord environment > Jupiter is the planet of finances, sales, extravagance, new laws and religion and Venus is the planet of women, social functions, art and textiles – peak power date is October 17 Sun is parallel Neptune and square Pluto in the Sun cycle > Pluto is the planet of groups, disunity, crime, criminal gangs and drastic developments October 13: Mars is square Saturn in Mars cycle – see October 11 Sun is conjunction Jupiter in Sun cycle > activates Jupiter sextile Venus in Jupiter cycle > Jupiter is the planet of diplomatic moves, optimism, hope, goodwill, forgiveness and mercy October 14: Mars is sesquisquare Sun in Mars cycle > political strife, angry world leaders, belligerence and provocation Sun is parallel Uranus in Sun cycle October 16: Mars is opposition Venus in Mars cycle > strife for a female leader, woman warriors and social violence – this aspect maintains the level of Mars discord Sun is opposition Uranus in Sun cycle October 17: Jupiter is sextile Venus in Jupiter cycle > see October 12 for event trend – end date is October 22 Jupiter square Mercury and inconjunct Jupiter in Jupiter cycle start > these aspects forecast foolish talk, over-the-top optimism, controversial trade deals, misguided extravagance and financial, legal or religious controversies – peak power date is October 22 US Jupiter cycle progressed to October 21, 2017 Transit Jupiter in house 7 is square Mercury in house 11 (Congress) and inconjunct Jupiter in house 1 (the people and their health and welfare). Health care is the issue. October 19: Mars inconjunct Moon in Mars cycle > civilian violence, fighting for food and water, domestic disputes, shootings, wildfires Sun is sesquisquare Neptune in Sun cycle October 20: Sun is sextile Saturn in Sun cycle October 22: Jupiter is square Mercury and inconjunct Jupiter in Jupiter cycle > see October 17 for event forecast – end date is October 26 October 24/25/26/30: Mars is opposition Mars, parallel Venus and parallel Mars in Mars cycle and Sun is opposition and parallel Mars in Sun cycle so there’s an elevation in Mars discord in the last week of October. North Korea’s Mars cycle progressed to October 24, 2017   Saturn 29.6 year cycle in a hard aspect of Sagittarius   Saturn’s current position in degrees  transiting through Sagittarius as it did during October of the 1929, October of 1987  along with other planetary aspects caused markets to crash and in fact the above market crashes were two of the biggest one day stock decline on the Dow Jones Index.Saturn takes about 29.6 years to do one full rotation around the Sun.During that rotation Saturn will transit though all 12 houses. When Saturn transits through an aspect of degrees of Sagittarius it is a time to very cautious as this aspect can lead to unexpected market declines. Coming October has some very powerful planetary trigger aspects. As history has already shown  us, when these Planets combine in a house  degrees and become either squared, semi square, opposition or conjunct the output of energy can be very powerful and completely unexpected. In fact this was Gann’s primary method for his famous time cycles. Gann would look for aspects of  the planets and what planets were either in  opposition, squared, semi squared or conjunct. Hint Gann would more focus more on the planets which were in square (90 deg) or semi square (45) the latter   being Ganns famous 8th harmonic timing method. So will history repeat? My best advice when studying the relationships of the Planets  and what effects they may have in October is to be  very cautious. If you have long positions that are in profit it might be a good idea to lock them to see if abig event unfold. It would be wise to take  advantage of short positions.                            
October a Gann forecast of the Mundane of Planetary aspects So what do the planetary aspects is telling us about the new month of October  Mars – the planet of strife, hate, provocation, rows, feuds, saber rattling, military conflicts, weaponry, missiles, bombs, guns, acts of violence, shootings, accidents, alcohol, fires, heat waves, forest fires, police officers, fire fighters and emergency services – will again play the lead role in global affairs during October 2017. Saturn – events involve security, insecurity, safety measures, crystallizing conservatism, selfishness, protectionism, recession, economy, austerity, cutbacks, heavy burdens, loss, disappointment, fear, destructive weather events, natural disasters – floods, storms, droughts, famines, earthquakes – hardship, grief, laborers, farmers, miners and immigration.  Uranus – events involve change, reform, radical extremism, startling revelations, shocks, social unrest, protests, demonstrations, liberation movements, freedom fighting, bizarre happenings, emails and weird behavior. Jupiter events involve finances, the financial sector, currencies, banks, bankers, trade, legal matters, the law, the judiciary, courts, religion, religious leaders, priests, bishops, optimism, hope and expansion. Mercury events involve controversy, discussion, debate, irrational rhetoric, conversations, speech, documents, reports, science, journalists, newspapers, commentators, writers, educators and wind. Neptune events involve schemes, exaggeration, share-markets, confusion, chaos, deception, fraud, white-collar crime, aviation, planes, oil, gas, drugs, opioids, lies, fake everything, movies and movie stars. Pluto events involve groups, massive crowds, coalitions, groups of countries, cooperation, unity, disunity, compulsory measures, sanctions, terror networks, computers, websites, computer hackers, cyber-crime, insidious evil, dictators, human monsters, vile behavior, crime,  kidnapping and drastic developments. Ongoing events September 6, 2019: Pluto is parallel Saturn in Pluto cycle > Pluto is the planet of groups, crime, corruption, drastic events, terror networks and cooperative effort and Saturn is the planet of fear, security, poverty, droughts, famines, floods and other natural disasters. The Lower-Pluto thought-force is active on many fronts spreading fear and insecurity. Counter terrorism measures, terror threat alerts and cyber security are key issues. The aspect forecasts drastic weather events and natural disasters. October forecast Jupiter – the planet of finances – will lead the news queue during the first week of October. In the Jupiter cycle Jupiter is trine Neptune – planet of fraud and deception – inconjunct the Moon – planet of the common people, food and water – and inconjunct Uranus – planet of unexpected events, sudden shocks and reform. Jupiter opposition Uranus in the sky on September 28 and Uranus semisquare Neptune in the sky on October 7 forecast a sudden outbreak of market jitters with financial turmoil and confusion. October 2/3: Mars is trine Mercury and Pluto in Mars cycle > the Mercury-Pluto conjunction aspect is a hot-spot in the Mars cycle US Mars cycle progressed to October 3, 2017   Transit Mars in house 7 is inconjunct Mercury and Mars in house 12 (restriction, secret enemies, behind the scenes activity, FBI, crime and relief measures). October 4: Uranus parallel Saturn in the Uranus cycle starts > this aspect forecasts a wave of extreme conservatism, a conservative backlash to progressive change, widespread fear of change, discontented hardliners, unrest and demonstrations inspired by hardship and poverty, extreme weather events, technology failures, electricity shortages, blackouts and progressive change that goes back to the past – end date is March 21, 2018 October 5: Sun is parallel and opposition Mercury in the Sun cycle > comments and announcements by a world leader stir up controversy October 8: Mars is inconjunct Uranus in Mars cycle October 9: Sun is parallel Jupiter in Sun cycle October 11: Mars is square Saturn in the sky > war fears, anger and despair, harsh suffering, fleeing violence, destructive weather events, natural disasters, mining accidents and fires Mars square Saturn in the sky Washington Mars is in house 10 (the Trump administration, business activity and credit). Saturn is in house 2 (finances and spending). The Mars-Saturn discord forecasts a ‘bad’ event involving these areas of mundane life. (Chart data is 9.37am EDT, October 11, 2017 Washington.) Mars is semisextile Jupiter in Mars cycle October 12: Jupiter sextile Venus in Jupiter cycle starts > this is a high harmony aspect operating in a high-discord environment > Jupiter is the planet of finances, sales, extravagance, new laws and religion and Venus is the planet of women, social functions, art and textiles – peak power date is October 17 Sun is parallel Neptune and square Pluto in the Sun cycle > Pluto is the planet of groups, disunity, crime, criminal gangs and drastic developments October 13: Mars is square Saturn in Mars cycle – see October 11 Sun is conjunction Jupiter in Sun cycle > activates Jupiter sextile Venus in Jupiter cycle > Jupiter is the planet of diplomatic moves, optimism, hope, goodwill, forgiveness and mercy October 14: Mars is sesquisquare Sun in Mars cycle > political strife, angry world leaders, belligerence and provocation Sun is parallel Uranus in Sun cycle October 16: Mars is opposition Venus in Mars cycle > strife for a female leader, woman warriors and social violence – this aspect maintains the level of Mars discord Sun is opposition Uranus in Sun cycle October 17: Jupiter is sextile Venus in Jupiter cycle > see October 12 for event trend – end date is October 22 Jupiter square Mercury and inconjunct Jupiter in Jupiter cycle start > these aspects forecast foolish talk, over-the-top optimism, controversial trade deals, misguided extravagance and financial, legal or religious controversies – peak power date is October 22 US Jupiter cycle progressed to October 21, 2017 Transit Jupiter in house 7 is square Mercury in house 11 (Congress) and inconjunct Jupiter in house 1 (the people and their health and welfare). Health care is the issue. October 19: Mars inconjunct Moon in Mars cycle > civilian violence, fighting for food and water, domestic disputes, shootings, wildfires Sun is sesquisquare Neptune in Sun cycle October 20: Sun is sextile Saturn in Sun cycle October 22: Jupiter is square Mercury and inconjunct Jupiter in Jupiter cycle > see October 17 for event forecast – end date is October 26 October 24/25/26/30: Mars is opposition Mars, parallel Venus and parallel Mars in Mars cycle and Sun is opposition and parallel Mars in Sun cycle so there’s an elevation in Mars discord in the last week of October. North Korea’s Mars cycle progressed to October 24, 2017   Saturn 29.6 year cycle in a hard aspect of Sagittarius   Saturn’s current position in degrees  transiting through Sagittarius as it did during October of the 1929, October of 1987  along with other planetary aspects caused markets to crash and in fact the above market crashes were two of the biggest one day stock decline on the Dow Jones Index.Saturn takes about 29.6 years to do one full rotation around the Sun.During that rotation Saturn will transit though all 12 houses. When Saturn transits through an aspect of degrees of Sagittarius it is a time to very cautious as this aspect can lead to unexpected market declines. Coming October has some very powerful planetary trigger aspects. As history has already shown  us, when these Planets combine in a house  degrees and become either squared, semi square, opposition or conjunct the output of energy can be very powerful and completely unexpected. In fact this was Gann’s primary method for his famous time cycles. Gann would look for aspects of  the planets and what planets were either in  opposition, squared, semi squared or conjunct. Hint Gann would more focus more on the planets which were in square (90 deg) or semi square (45) the latter   being Ganns famous 8th harmonic timing method. So will history repeat? My best advice when studying the relationships of the Planets  and what effects they may have in October is to be  very cautious. If you have long positions that are in profit it might be a good idea to lock them to see if abig event unfold. It would be wise to take  advantage of short positions.