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wsbza
Sep 1, 2016 3:06 AM

Expecting further downside 

DAX index of German listed sharesFXCM

Description

The rally since late June looks like 5 waves and wave 5 ended at 10806.
The price then made few attempts to push to a new high but unsuccessful.

Not seeing any acceleration to the downside, but I am still expecting the correction(if this is just a correction) will continue to press the price down to the previous 4th wave level
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