the5erstrading

Long terms Analysis DAX index 15/10/18

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TVC:DEU40   GERMAN STOCK INDEX (DAX)
DAX – As we can see on the weekly chart, the DAX index is bearish and most likely on his Way to reach 10.750, the drop down from the last week has created a great new fresh supply which can be a great continuation level of sell position, if the price will return that supply I’ll sell there and my target will be the demand below which also a great level of buy position.


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