GMT252

DAX - GER30 LONG

Long
FX:GER30   DAX Index
POTENTIAL LONG ON German 30. As we have had an ascending wedge form for months now. Once the top of the wedge-resistance is broken i believe we will test the 0.618 (11748) then once that has been broken we will continue bullish for the foreseeable future. But for now i am still bearish until we can see a clean, solid break and close above the 0.5fib (11110-11116 region.)