vlad.adrian
Short

Dax - Start of a correction

EUREX:DY1!   DAX Index
147 0 5
The overheated european markets are due for corrections. Last week I proposed a long on Italy             and France, but giving the look today, I think I was wrong. The dax             has a very nasty weekly bearish divergence that should push the prices to the Wave
snapshot
.

The daily chart shows a tripple top, with a huge bearish divergence. I expect this market to correct maybe to around 9500.
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