DAX30: Long and Mid-term uptrend and short-term correction.
Two lower tops and 2 deep lows, short-term movement is short.
Drilling horizontal and diagonal support, now the price is testing the breakthrough at 11155
The short-term formation is still negative.
It`s very important what signal will give us the price after the breakthrough
If it is back above 11155 would mean that there was only a little correction
For now the possibility of decrease is bigger.
What we should do now is to go to a small graphic for example - 4H, where I see that CCI is below 0.
I`m following Stoch and i will have a signal for new bearish impuls if the fast goes under the slow.
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