Time for correction Short

DAX index of German listed sharesFXCM

Description

⋅ Aug 15, 2014 9:18 AM

Rising wedge is narrowing at significant round number 9300.
It's time for correction price going back down to 9200 and maybe lower at 9150 (38.2% retracement of latest up move). This could happen next week but the process can start today.

DAX Index dax30

Comments

bradwarren72

⋅ Aug 15, 2014 5:32 PM

That was some correction!