GER 30

FX:GER30   DAX Index
110 0 3
After the massive rejection at 12400, the GER             .30 has been sliding since April and is currently taking a breather. If we stay below Monthly & Trend line Resistance then we have a full proof bearish bias. Lower Lows and Lower highs still indicate we could head lower, a break of the counter trend line would be needed to initiate short positions.
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