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carman
16 nov. 2014 12:22

DAX: GER30 confirmed third lower top ? Short

DAX index of German listed sharesFXCM

Description

This week DAX make his third lower top . DAX get down this week to 9200 zone.
DAX could not break 9350 fibo level and 2014 early resitance zone.
DAX hanging around previous 9200 level.
If DAX break 9200 support , 8900 will the next keylevel.

8900 is keylevel for having a higer low (bottom) and break the bearish outlook.
RSI still not oversold, if 9200 hold , DAX can go to 9600 level.
Plus