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It depends on SPX500. It needs to break up another level. If SPX500 continues to fall, it may fall but temporary not all the way down. Additionally 10800 was important support in the history now it may be resistance. To me it looks like, it will touch 10800 do corection to 10600 and continue to rise more. This what I think. If it breaks 10580, It may fall to 10350 but I don't think so.
I think 10800 too before down. Usually DAX makes long divergences on daily before falling, but currently theres only some shown on 2h etc..
US indices looks IMO weaker than EU now, and DAX has narrowed its gap to SPX. There could be moneyflow to EU now as US rate hikes are on the cards. Same that has been to the US from Japan and Eu, because of low rates and "forever easing".
doesn't look like it will drop, it's been holding for few days
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