A note on RSI behaviour in $DAX

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DAX index of German listed shares (FX:GER30)

FX:GER30 DAX index of German listed shares

Notes on chart

Comment:

Comment: Target DAX (note: A combination of two methods)

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about GER30

A really nice fib cluster with an ab=cd in the RSI was the high of today so far.

Let's see if the larger channel on the 15 min frame can lead RSI into bearish area between 60-20. I will sell every break of the diagonal Action Reaction Lines:

RSI just broke out of the ascending channel in the descending channel before heading for the bullish 70's

Will add to short if we get a retest of the neckline

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