Talk about an energy point.

47 0 2
  • Down sloping median line
  • Up sloping 2.0 warning line
  • Long term trendline
  • Old gap level
  • Bullish bat
  • 1.272 ABCD
  • Several other fibs (not shown)

All coming together at one precise level in time and price! I don't think the market will move down fast enough to reach it in time, but you never know.

DAX             is in the area of a big two tier channel / fork bottom. Blow out or bounce?
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