The cyclical longtrigger is 10.200.
Trading below 10.100 can cause a (minimum) drop to the 38,2 fibo @ 9.880
Tiny Double Top?
Is this a Double Top? Prices below 10.100 would activate that pattern -tp would be 10.000
Prices below 9.900 would extend the consolidation Phase.
For the maintrend up to 10.500 this dip is not critical, it would be healthy
If the Support will be bought, tps are 10.180/10.250/10.300
New midterm-longsignal above 9775
red vs. green counting..in my Chart i have illustrated the present resistance and support zones.
If Dax0.01% could overcome the resistance @ 9775 , a shortterm longsignal with tp @ 9.950 appears. The following TP could be 10.350.
Above 10.350-10.450 the midterm downtrend will break - that will generate midterm/longterm Targets @ 11.300/11.750/12.300
Above 12.350 there would be a BIG LONGSIGNAL --> TP 13.700!
If Dax0.01% is trading below the last green "3" respective the last red "2" i exspect a sellof with tp @ 7.250.