> Rebound on the weekly trend line
> rebound on the 38.2% fibo retracement
> rebound on kijun
> big resistance zone
+ DJ new high but DAX 38.2% retracement.
no fundamental reason to go down, perhaps a big position of a hedge fund.
A breakout of the 16954 permits to reach 17000 and 17050 in a second target
A breakout of the 16855 lets us go to reach 16810 and 16710 in a second target
1 minute chart