DAX - At a crossroad wait and see !!
Following the break bellow the weekly trendline, the price has been rejected on the golden pocket of the Fib retracement from the break.
Price is not at a cross-road a close above the 0.618 level can set a bullish continuation while a close below the 0.5 levels can lead to a retest of the lows.
Levels to watch :
Above $10,800 targets $11,350 and $12,150
Below $10,300 target $9,950, $9,400 and $8,500
Price is not at a cross-road a close above the 0.618 level can set a bullish continuation while a close below the 0.5 levels can lead to a retest of the lows.
Levels to watch :
Above $10,800 targets $11,350 and $12,150
Below $10,300 target $9,950, $9,400 and $8,500
Buy high, sell low
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