MDAX Index
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MDAX (DAX Midcap - Xetra) - Impulse up

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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.

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