Xetra Dax Reversed lower after hitting upside Cloud Chart resistance zone at 13416! Consolidation risk towards: 12904!

 Xetra Dax Reversed lower after hitting upside Cloud Chart  (CC) resistance zone at 13416! Consolidation risk towards: 12904 top end of the CC support zone! Critical for support to hold at this zone and a potential rebound trade opportunity! This comes after a great rebound rally trade from the 12032 support zone! 

 

Downside risk on the 4 H CC towards 13054/12722 key CC support zones and potential rebound zones!

Price action above the cloud is bullish with rebound potential from the top end cloud chart support zones!