DAX FUTURE Jun18 : The major resistance has been reached.
The trend has been momentarily interrupted by a correction. It approaches the resistance at 12,797.00 pts, which also is the invalidation level. It should cause a fall and resume the bearish trend. The next target is at 12,704.00 pts. The invalidation level is below 12,797.00 pts.Arguments :
- The major resistance has been reached.
- The 38% retracement has been passed.
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