Now is it corrective with another leg down? Or will we challenge the highs at 7000?
This DAX chart shows the projected correction of the move down
and below the current updated chart..
SO FAR it has followed the black arrows almost perfectly..
resistance looks to be around 6830 (good STOP area if shorting)
DAX 1 hour
Quick look at the FTSE 30 mins chart which also shows the rally has touched resistance at 5870..
may provide clues to overall market if we turn down again here
No comments:
Post a Comment