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RealMacro
Sep 18, 2016 1:33 PM

DAX Failed breakout. Short

DAX index of German listed sharesFXCM

Description

DAX here is a Big Picture monthly chart. It is screaming "from failed moves come fast moves in the opposite direction" rule. We need to be aware that a move to the bottom of the channel is very possible in the weeks ahead. There is certainly ample MMT fundamental evidence to support such a move as we saw back in Feb of this year.
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