DAX: Set to break its H&S top and target 10,500

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The DAX index has slumped back to 11,700 - the neckline for a long term head and shoulders pattern

Scenario A) The neckline gives way to target 10,500
Scenario B) The neckline holds for another rebound into the consolidation before weakness resumes

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ملاحظة

Neckline broken and pattern confirmed
If more downside from here - likely to be choppy ride