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carman
Jul 28, 2014 6:38 PM

DAX30 break long trenline or not ? Short

DAX index of German listed sharesFXCM

Description

Today DAX is back arround the 2013 uptrendline.
If DAX break also 9580 zone, there is more potential for a correction .
9400 and 9000 is a supportzone.
9000 giving DAX a 10 % correction.
9000 is bottom for SHS pattern.
recovery untill 9624
erasing an earlier loss, as merger activity offset concerns over crises abroad and weaker home-sales data before a Federal Reserve policy decision.
no break trendline today
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