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omvats1

DAX ascending channel upward movement and the trend line R

DAX Index (XETR:DAX)  
omvats1 Updated   
XETR:DAX   DAX Index
Trend Analysis Chart Patterns
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trendanalysis chartpattern
DAX moving on the 12M ascending channel got a trend line resistance, also it is forming an ARC pattern which could result in slowdown in the index also a possible downtrend for few coming years, if ,it continue with ARC pattern, otherwise, it will try to reach the above horizontal channel level and will decide further movement from that level
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12M in day Tf
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