Monday 3 August 2020

Xetra Dax: In trouble, lost support at bottom end of the cloud! More downside risk!

Xetra Dax: In trouble, lost support at bottom end of the cloud! More downside risk!

Downside support target is around bottom end of the cloud chart shadow level at 11828! If the Dax fails to move back above the cloud then the outlook remains bearish. Price action below the cloud is bearish! Critical week ahead!


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