carman

DAX: GER30 confirmed third lower top ?

Short
FX:GER30   DAX Index
This week DAX make his third lower top . DAX get down this week to 9200 zone.
DAX could not break 9350 fibo level and 2014 early resitance zone.
DAX hanging around previous 9200 level.
If DAX break 9200 support , 8900 will the next keylevel.

8900 is keylevel for having a higer low (bottom) and break the bearish outlook.
RSI still not oversold, if 9200 hold , DAX can go to 9600 level.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.