Question is,was 11159 the bottom in this correction?
If not : 10995 schould be the next Leg down and 12800 should be top around July.
If it was the bottom than we go up from here and 13k should be the top around end of June.
Next monday and tuesday will give us a clearer view on this.Greek negotiations still pending.
A drop to 11400 first could be in play and would give us a higher low and will confirm the next rally to 13k.First target will be 12100.
From 12400 dax retraced 10% to 11159.
If not : 10995 schould be the next Leg down and 12800 should be top around July.
If it was the bottom than we go up from here and 13k should be the top around end of June.
Next monday and tuesday will give us a clearer view on this.Greek negotiations still pending.
A drop to 11400 first could be in play and would give us a higher low and will confirm the next rally to 13k.First target will be 12100.
From 12400 dax retraced 10% to 11159.
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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.