Now that we have the triangle break-out, the direction is up. We need to complete a 5 wave impulse to finish the C wave of this (presumed) 4th wave - a-b-c bounce.
The line at 11.022 is where wave 1 of the correction is, so if we overlap that it either means a bear nest or something more . I do not expect the said overlap though.
For traders, there is great news coming from mcm.
They have developed short-term trading tools also for dax (previously had only for s&p and dow). This is a major deal as these tools provide a great edge especially in this very stressed environment.
I started a cooperation with them on that regard, so if you have any questions about the tools or are potentially interested in how they work please contact me anytime at firstname.lastname@example.org..
Good luck to your trading!