Germany DAX 40 IndexShort
Dax - back to 19K
On the intraday chart , the DAX has formed a H&S pattern , that is nearly completed.
This is a bearish pattern , and suggests weakness in the index.
The projection of the Head from the sloped neckline , has a target at 19K.
This pattern commonly has a divergence of price , with momentum and volume, as seen on chart.
This is a bearish pattern , and suggests weakness in the index.
The projection of the Head from the sloped neckline , has a target at 19K.
This pattern commonly has a divergence of price , with momentum and volume, as seen on chart.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.