alx13

Decision time coming up

FX:GER30   DAX index of German listed shares
On the hourly it seems DAX             is caught between opposing forces. The 2nd TL held (blue one - mentioned in my previous post) and we had a nice rally up to a quite recent downtrending TL, which also held.

Decision time is coming up quickly. Which TL will break will define the short term trend.

Good luck out there!