DAX SHORT TERM - REBOUND PROBABLE TODAY/MONDAY
Although DAX will put in a ugly weekly red candle (unless sharp rebound today), and on a mid term time frame, I estimate we test 10500 again, the short term rebound (today/monday) is likely.
1) We are outside of 1h regression channel that is somewhat rising still
2) First pullback is usually bought buy "late-to-the-party" dip buyers (that will get burned next week)
11160-ish is an interesting possible area for next leg down to start. GL
1) We are outside of 1h regression channel that is somewhat rising still
2) First pullback is usually bought buy "late-to-the-party" dip buyers (that will get burned next week)
11160-ish is an interesting possible area for next leg down to start. GL
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