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DAX (Weekly Chart)

Short
DAX PERFORMANCE-INDEX (INDEX:DEU40)  
bbrijesh  
INDEX:DEU40   DAX PERFORMANCE-INDEX
DAX Index ecb Harmonic Patterns Gartley AB=CD shortsetup
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dax ecb harmonicpatterns gartleypattern abcdpattern shortsetup
The structure of Bearish Gartley (marked blue) and Bearish AB=CD (marked green) suggests an end of honeymoon period for bulls. With ECB meeting scheduled today and DEU40 trading around 10,750, there can be short opportunity in the range of 10,800-10,950 for the target of 9,300-8,800 with the stop loss of 11,500.
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