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DAX is rebounding on the 1day MA100. Bullish.

DAX is on the 2nd straight green day after the rebound on the 1day MA100. That was also a Higher Low at the bottom of the mid-March Channel Up.

Buy and target Resistance A (16440).

Sell if a 1day candle closes under the 1day MA100 and target the bottom of the December 2022 Channel Up at 15310, where you can take an even lower risk buy.


Previous chart:

DAX Critical junction on the 1day MA100.


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