DAX
Our expectations: We expect the upward trend to continue after correctio to levels of diagonal support and Fibo 23.8.
Alternative Scenario: If the price breaks below the support levels, we can see a downward impulse.
Comment:
Ascending trend
Correction to levels of diagonal support
Fibo level 23.6
DEM starts spinning near levels of oversold market
50SMA over 200SMA - bisecting formation
SL: 12000
Junior Trader Stefan Panteleev
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