This geometric chart of the Dax seems to support the target from the wave chart and the 2 day swing chart  ie around 5800 mid to late June.Looking at 50 % time (3 months) and 5/8 price retrace 5825.The fib target in the wave chart if Y was 1.618 W was 5815.The target on the 2 day swing chart if we match the last range down was a little lower at 5788.Of course we could go lower and if the red line broke that would put the market in a very weak position but this target will do for now.I see marc faber is recommending german stocks on value grounds.