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gorillacharts
Aug 25, 2016 8:55 AM

DAX Not Playing Out As Expected 

GERMAN STOCK INDEX (DAX)TVC

Description

The anticipated bounce off breakout supports didn't play out as expected. Lack of follow-up is a signal that we need to accept. I'm not turning bearish, yet. Key support to watch on the Index is at 10443. Below would complete a minor top with light support at 10374 (gap) and heavier supports at 10129 - 10093 - 10066 (key moving averages, early August reaction low).
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