ape_mo

DAX descending triangle, coming back down?

Short
XETR:DAX   DAX Index
Sitting at a resistance and a descending triangle is forming.

I believe it will come back to the first ascending triangle of the day, but it might also pop.

MACD indicates lower level, trend upper, other indicators more or less neutral.

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.