The consolidation after the youngest selloff stopped at ist min correction Level, the 38,2 fibo. THIS IS THE LEVEL TO WATCH!
As Long as Dax ist trading below that Level (here also is based the EMA 200!), the momentum should still be bearish. A bearish Flag could be formed!
As Long as Dax ist trading below that Level (here also is based the EMA 200!), the momentum should still be bearish. A bearish Flag could be formed!
Comment:
the early-bird-trigger of the bearish flag is active. below 12275 we should exspect a further downwave
Comment:
Dax reached the "real" flag Trigger
Comment:
rsi is oversold now! perhaps we see a tiny countermove