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carman

DAX bouncing level lower between fibolevels.

DAX Index (FX:GER30)  
carman  
FX:GER30   DAX Index
DAX Index GER30 CFD Head and Shoulders
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dax ger30 headandshoulders
This week DAX is bouncing between 9800 zone and 9600 zone.
9600 is a strong resistance level this year. So we have to break this 9600 zone and shortterm trendline before DAX get further down. If DAX breakout at the upside we can go up to level 9900.
I am looking forward or DAX make a SHS pattern.

So short under 9600 and long when breakout at 9800
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