Not a textbook head and shoulders, but this is real life. What the head and shoulders tells us is a shift from one trend to another, we see this with the swings.
The German Dax had a break below a support/flip zone as other equity indices also sell off.
This is a nice and strong break, but again, perhaps await for the Federal Reserve to speak before entering.
11800 would be a good target zone.
The German Dax had a break below a support/flip zone as other equity indices also sell off.
This is a nice and strong break, but again, perhaps await for the Federal Reserve to speak before entering.
11800 would be a good target zone.