The German index DAX is up to the trend line, as well as the diagonal resistance, part of a descending channel.
This level deserves attention as it will attract a large number of sellers.
Since the beginning of 2018 the trend has been forming lower highs and deeper lows.
If the price remains below, a new downward impulse is possible in the direction of long-term movement.
Breakthrough - a possible end to the negative trend and test of the historic peak.
Chart: Used with permission from Bloomberg Finance L.P.
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