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.
