Get started
DAX Index
Short

Begining of a beautiful falling

By MoodandMarkets
After a long rising and lower top the rising green channel is about to break down. I expect further falling to retest the COVID low. On the lower timeframe, the rising correction will create the short juncture. Target zones of the fall are: 12500, 11500, 10000, 8000

Rising above level 13360 will eliminate my bearish view!

Elliott WaveTrend Analysis
MoodandMarkets

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.