Massive confluence of resistance in the Xetra Dax just above 11,500 so this would be a great reversal zone for shorts
1. Underside of multi month H+S top neckline (red sloping line)
2. Downtrend resistance line since 2018 (black sloping line)
3. c= 0.618x wave a in a simple 3 leg correction up from the Xmas lows
1. Underside of multi month H+S top neckline (red sloping line)
2. Downtrend resistance line since 2018 (black sloping line)
3. c= 0.618x wave a in a simple 3 leg correction up from the Xmas lows