Friday, 30 September 2022

Xetra Dax Index Hit the 12200/12100 & 11900 P&F chart targets! Downside risk towards trend line zones of 11500/11200!

 Xetra Dax Index Hit the 12200/12100 and 11900 P&F chart targets! Downside risk towards trend line zones of 11800 to 11500/11200!

GDAXI down more than 1500 points since the most recent P&F chart reversal sell signal! Index remains in a downtrend channel as indicated by the P&F chart trend lines! 


Very close to the 11800 P&F chart target. Looking out for a potential technical rebound in and around these P&F chart targets. A key P&F chart reversal to the upside will signal the end of the current trend.




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