Dax Index – Downtrend Analysis
• Dax Index have completed Uptrend with 1.168 Fib Levels and Trend line Breakout
• Now the Downtrend have started and in process of Retesting the Trend Line
• While the re-test gets completed, it will form Head & Shoulder Pattern
• Target for Downtrend Can be given purely based on 1st retracement
• Now the Downtrend have started and in process of Retesting the Trend Line
• While the re-test gets completed, it will form Head & Shoulder Pattern
• Target for Downtrend Can be given purely based on 1st retracement
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