The DAX30 is bullish but it is at important resistance. We might see a drop as signaled by the pink dot on the chart.

13500 zone might cause the price to drop towards lower levels. Despite the bullish domination, we can see that W H3 and M H5 are just above the price. Targets are 13400, 13300 and eventualy 13113. Watch for a move down as long as the price is kept below 13668 – monthly camarilla resistance level. The intra day target is 13334.

- advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.