Thursday 20 December 2018

German DAX Index: Remains locked in a downtrend!

German DAX Index: Remains locked in a downtrend!

Index is now down more than 1800 points since the most recent cloud chart sell signal when it lost support at a key cloud chart level!

Key levels to watch for potential support are: 10785/10721. If support fails here, then the next downside targets are 10863/10059!

If we get a rebound at key support, then the upside targets are the bottom end of the cloud chart resistance zone!

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