Long Term Market Overview on DAX(Ger30)
Long Term Market Overview on DAX(Ger30) .
We see that the overall Market is in an Up trend which is currently having a Pullback like all other Indexes but when will it stop is basically everybody's Big Question .
The market seems to have two areas where it normally U-turn from.
U-turn areas :
1) The Market shows that there's 2 Trendlines inner and outer, the inner trendline shows a strong U-turn Pattern where we could see a U-turn from towards our Target 16867.71.
2) I have also spotted a Gartley Pattern off the Monthly which could push the market to the 9926.68 which should U-Turn the Market towards the our Target 16867.71.
We see that the overall Market is in an Up trend which is currently having a Pullback like all other Indexes but when will it stop is basically everybody's Big Question .
The market seems to have two areas where it normally U-turn from.
U-turn areas :
1) The Market shows that there's 2 Trendlines inner and outer, the inner trendline shows a strong U-turn Pattern where we could see a U-turn from towards our Target 16867.71.
2) I have also spotted a Gartley Pattern off the Monthly which could push the market to the 9926.68 which should U-Turn the Market towards the our Target 16867.71.
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.