There is strong support at this level and the index is going to climb up to the zone between 11.200 and 12.200. This is a bear market rally and the collapse is going to continue after this break. I will be able to tell you the next bear target after it reaches the 11.200-12.200 zone.
risk desclaimer This prediction is based on my personal trading strategy and this article does not suggest you to make any trades and i am not responsible for any future losses.
Nota
So far so good and we are reaching our profit target. I am going to close my long positions and i am going to start shorting the market inside this range of 11.200 and 12.000.
Actuall i am going to look for entrance inside a little smaller range into the zone of 11.500-11700.
I am going to be keeping my short until the zone of 5000-6000. This is where germany 30 will go according to my wave system.
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