DAX - Short - 0.382 Fibonacci Retrace - March 11th Resistance
0.382 Fibonacci Retracement & March 11th to break through
Plenty of positivity in the day (Oil, New York Virus Regression, Mortgage performance, Slowing death rate in europe i.e. Spain and Italy)
At a point of 2019 lows which could prove difficult to breakthrough previous support back in 2016.
This consensus definitely forms a basis for a short trade or if your optimistic see if it breaks through this resistance and let the bulls continue to drive forward.
Plenty of positivity in the day (Oil, New York Virus Regression, Mortgage performance, Slowing death rate in europe i.e. Spain and Italy)
At a point of 2019 lows which could prove difficult to breakthrough previous support back in 2016.
This consensus definitely forms a basis for a short trade or if your optimistic see if it breaks through this resistance and let the bulls continue to drive forward.
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