phaneroboy

DAX30 possible scenarios

Long
FX:GER30   DAX Index
dax reacted well from the 50% retracement line of the mid october lows to highs move.
Scenario 1: correction is complete, dax will go higher from here.
Scenario 2: the down move from 10100 area to 9200 if the first leg of a 3 waves correction, we need another low (61.8/ 76.4%) before the index start to rally again.

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