$DAX - STRONG MOMENTUM
DAX has been climbing the ladder of worries now for the past weeks. The momentum is strong in this move, look at the high RSI and the price action. A high RSI has only resulted in an modest pull back or consolidation and then new short term highs.
Likely we'll see something similar soon (~tomorrow), where DAX consolidates or provides a small pullback perhaps to low ~9K.
Likely we'll see something similar soon (~tomorrow), where DAX consolidates or provides a small pullback perhaps to low ~9K.
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