DAX 30 : middle term descending movement and short term correction
Price at levels of resistance , previous peak at 9907 points
Bearish flag - the levels of the two peaks are in bearish formation
Hanging man - Bearish Reversal - negative formation with potencial for descendig
Its better to wait for slight correction around levels 9743 for better entry
Confirming signal may give us RSI whe drop under 50 or CCI(50) when drops under 0
Stefan D. Angelov - Head of Stocks Trading
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