Leo.Ash

DAX Update 02/09/2014 Close

Short
INDEX:DEU40   DAX PERFORMANCE-INDEX
DAX still inside the descendant channel. React from the 8900 until 9600 (61,8% retrac) for me DAX in the 2nd leg down until 87xx level. This is time to TRY kill longs. Only a close above 9600 i change my view.

Short term - still in correction
Long term - bullish

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