Oerhortbegovad

DAX (4H) Correction time

Oerhortbegovad Updated   
XETR:DAX   DAX Index
Divergence in 4h, should top out at 550-590 for a correction (or worse).

A litle flat lined head and shoulders pattern may be in play as well.
Comment:
DAX inverted also suggests a correction then a continuation towards 16000
Comment:
Renko suggests 16300, while head and shoulder patterns are fairly cmon as well a bigger correction would have to be in place for this correction then.
Comment:
US10Y / DAX, I mean call me crazy but it does have some correlation...
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