Monday 30 April 2018

Xetra Dax: Not out the clouds yet! Slow grind!

Xetra Dax index: Not out the clouds yet! Slow grind towards top end cloud chart resistance.
Front end of the cloud does indicate the start of a downtrend, but could still see old highs be tested.
Need to see a breakout past cloud chart resistance at the top end of the cloud! If not, then there is reversal risk to the downside if cloud chart resistance holds!

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