Germany30
Daily Outside Bar just below the PRZ of a Gartley The German DAX continues to consolidate just below the PRZ of weekly bearish Gartley pattern.
Today, after Draghi's ECB press conference, the German Index formed a daily Outside Bar that will be triggered if the price will decline below 10,600
For now, the Fast MA line (in yellow) continues to play its support role and drives the price higher every time it touches it.
When it'll fail, it'll be the trigger for a pullback towards 10,000 again (with 10,350-10,400 as mid Target) to test the strong weekly support there.
DAX 4HGER30 ist in neutral zone between 10500 - 10700/50 over ist long for me till 10800/10 than we have to look if more up than 11 k is the next one.
This can be fast but look at 3.Friday this month...!
at this time i think we close under 11k.
Also neutrale Zone bleibt bei 10500 - 10700/50 darüber ist bis 10800/10 Luft. Dann schauen wir ob es weiter hoch geht. dann bis 11000.
Aber zum Hexensabatt sollte der DAX unter 11 k schließen (zur jetztigen Zeitpunkt)