With the DAX currently making higher lows and lower highs, I see this as a possible end to the current correction. The DAX has not seen anything like the sell-off of the US30, and with some underlying positive fundamentals, I see a retest of the descending pattern, a fake-out to re-test 22,244, and the a rally back to 23,00 and beyond. Or possibly (tomorrow) a rally straight back through the 22,707s.
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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.