DAX Update 30/07/2014

INDEX:DAX   DAX Stock Index
DAX             is at the inside the descendant channel making LL (Lower Lows) and HL (Higher Lows). At this moment DAX             is in a journey to test the top of channel again. Lets see if break the pattern and a close above the last HL (at 9810) will be consider bullish . If reject the 9810 and make a new HL more downside will come.

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