Monday 18 May 2020

Xetra Dax: Still stuck below the cloud chart resistance zone: 11025!

Xetra Dax: Still stuck below the cloud chart resistance zone: 11025!

Price action below the cloud remain bearish from a cloud chart perspective.  The DAX is now trading range bound between top cloud resistance zone of 11025, with bottom support zone at 10285!


Expect a retest of the top cloud chart resistance! then more downside if resistance holds at that level!


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