DAX just hit 1.618% Monthly fib, retrace expected Short

DAX PERFORMANCE-INDEXINDEX

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⋅ Mar 11, 2015 5:13 PM

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.

DAX Index