CapMoore

Index Hitting Major Resistance

FX:GER30   DAX Index
73 0 4
Index has reached Lower Daily Kumo Cloud resistance which
coincide with a trendline previously broken.
This level is critical. There are also a couple longer term
Pitchforks meeting here. A daily reversal candle here
will give an opportunity to sell. And for bulls, it is good to
wait for a possible break above current resistance on a
closing basis.
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