Another day and DAX still in correction, inside the descendant channel. We have another HL at 9700 , nothing change, lets see where DAX will go to make a new LL. I do NOT ADVICE open short positions at this level. Wait for the upside.
Supports:
9480 (50% retrac)
9350 (61,8% retrac)
Short term - still in correction
Long term - bullish
Supports:
9480 (50% retrac)
9350 (61,8% retrac)
Short term - still in correction
Long term - bullish
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.