DAX index of German listed sharesFXCM
Description
⋅ We are leaning to a bearish DAX due to it
- Being under the Stratus Cloud Formation
- Making a lower high at the top of the Trendline (Black)
- Bearish Future Cloud (Kumo Bear Twist completed)
However we see two scenarios that could play out and will wait for confirmation of break of either Trendline (Blue or Black) on the Daily time frame.