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DAX may have some more upside

XETR_DLY:DAX   DAX Index
German DAX has pulled back to the 50d sma and 38% retrace of the move up of the last few months (since last time it touched 50d sma). Looks like we may get another leg higher despite the clear lack of supportive fundamentals/geopolitics. Think we see 18600-19000 before a bigger effort to correct.

Long 17800 tgt 18800 wroong below 17400.

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