Fx-AlphaStrats

DAX PERFORMANCE ANALYSIS Harmonic Pattern ( BAT ) 4 hour Chart

Long
TVC:DEU40   GERMAN STOCK INDEX (DAX)
5
in the near future we will see dax performance increase, where it will hit resistance at 10,826.8 where there is resistance and thereby fall to new support at 10,734.9 where it then will break the resistance line at 10,826.8 and continue to rise until it hits 11,102.6. thereafter it will drop to 10,373.3 at the old suport and then rise to resistance at 10,728.8, before falling to 9772.7. This is ofcause in the long run that this analysis draws over if it completes the BAT PATTERN within the next month, we can expect that it will fall to fib level 0.618 of X and A
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