Another -10% be prepared! 🌧️
Another Iceberg ahead!
After breaking our support line at 12199 points, the slump in the DAX accelerates further. With the step below 12199, we have adjusted our primary expectation. We are now looking at values around the 10000 - 106000 points area. From this region, the bulls might have a chance for a turnaround. Should we break below the 10k mark, so help us god, the DAX is geared for a reunion with the lockdown lows of March.
What do you think? Happy trading!
After breaking our support line at 12199 points, the slump in the DAX accelerates further. With the step below 12199, we have adjusted our primary expectation. We are now looking at values around the 10000 - 106000 points area. From this region, the bulls might have a chance for a turnaround. Should we break below the 10k mark, so help us god, the DAX is geared for a reunion with the lockdown lows of March.
What do you think? Happy trading!
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