Another Iceberg ahead!
After breaking our support line at 12199 points, the slump in the DAX accelerates further. With the step below 12199, we have adjusted our primary expectation. We are now looking at values around the 10000 - 106000 points area. From this region, the bulls might have a chance for a turnaround. Should we break below the 10k mark, so help us god, the DAX is geared for a reunion with the lockdown lows of March.
What do you think? Happy trading!
After breaking our support line at 12199 points, the slump in the DAX accelerates further. With the step below 12199, we have adjusted our primary expectation. We are now looking at values around the 10000 - 106000 points area. From this region, the bulls might have a chance for a turnaround. Should we break below the 10k mark, so help us god, the DAX is geared for a reunion with the lockdown lows of March.
What do you think? Happy trading!
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🚀 Spot trends early with momentum, sentiment & price structure
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.