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Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

— Marcus Aurelius

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Thursday, November 26, 2009

DAX 30 mins


4 days of gains GONE in a few hours..now what?  Chart shows we are near support and have bounced from these levels before..IF it fails looks like we target the blue line, which is the trend line of the wedge from March lows...IF THAT one breaks (convincingly) then we finally get our significant correction.. in the bullish case, or a drop to new lows, the bearish case.

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