InvestingScope

DAX: Bullish but pull back inside the Channel possible.

Short
CAPITALCOM:DE40   Germany 40
DAX is technically bullish 1D ( RSI = 63.054, MACD = 197.400, ADX = 59.303) but neutral on 4H as it broke below the 4H MA50. In a repeat of December 5th, we may see a strong pull back targeted at the 4H MA200, so be ready to sell below S1 with TP = 14,600.


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