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Edgy_
Nov 24, 2020 3:08 PM

Dax: At Crucial Pre-Covid Resistance Long

DAX IndexXETR

Description

The German Dax is at crucial Pre-Covid levels: A break to the upside could lead to huge follow-through.

Nicely visible on the Weekly, we have now had 2 major V-shaped recoveries:



This leads to a nice Bull Flag on the Daily right now, with a tight equilibrium range:



RSI is cooled off for break to the upside.
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