Jim_MM
Short

DAX 4h UPD - Short

FX:GER30   The DAX Index
199 0 3
Dax             clearly failed on its cylinder resistance and retraced heavily crossing the cylinder mid-line. Last rebound is weak and created a wedge . Failure out of the wedge will mean a retest of the latest low (9440) followed by further downside to 8900

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