Renkotrade

DAX Situation at e4nd of 28.9. 1HR False Breakout

TVC:DEU40   GERMAN STOCK INDEX (DAX)
Fine to see that today has been a fals breakout short and market recovered in the up channel.
But its of course a sign of market is loosng power to the upside.
We are still again in the up channel but nobody knows kow long that will be.

At the moment better is no position and wait until recovery will be stronger or up channel will be lost at the end.
The next day or days will tell us.

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