Grzegorz_G
Short

GER30 I expect the correction before further increases

FX:GER30   DAX index of German listed shares
67 0 1
Currently we are in the end of the channel growth. I look forward to yet again reach the level of 10400, and then drop to the level of the 10,200th then I think that we will see an increase to the next level of support at 10650. At 4 hour chart we see a very long candles, and then formed on the cover bear market and the formation of the head and shoulders. I expect that today still GER30             reaches 10350, and only from that level suggesting set a short position with a stop loss above 10400.
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