DAX just hit 1.618% Monthly fib, retrace expected

Short

DAX PERFORMANCE-INDEX (INDEX:DEU40)

INDEX:DEU40 DAX PERFORMANCE-INDEX

DAX Index

dax

DAX hit monthly 1.618% fib

Mar. 2000 High 8135
Mar. 2003 Low 2182
FIB 1.618% = 11812

I expect in March/April DAX to drop until 10959
or 0.236% fib from last top to the new top.

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