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lu1977hk

11.200 key Monthly supporting level

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DAX Index (XETR:DAX)  
lu1977hk Updated   
XETR:DAX   DAX Index
Trend Analysis DAX Index
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trendanalysis dax
We may very close to the end of the correction around 11.200. However if markets break that level, next support are around 9000 level..
Comment:
The Monthly 9000 support line wasn't broken. The bounce back was quite strong. Next is likely a retest of the long term supporting trend line.
Comment:
And back we are at the long term trend line...Let's see where the next leg down will bring us.
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