Wednesday 1 August 2018

Xetra Dax: Back above the cloud after a 328 point rally!

Xetra Dax: Fighting for support at top end of the cloud!

The DAX is back above the cloud, need to see support come in at the top end of the cloud here.
The index has rallied 328 points since the buy signal at cloud chart support zone of 12465!

Now looking at profit taking around upside resistance zone 19911.

Downside risk at top end cloud support zone of 12656!

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