DAX Index Futures

EUREX:FDAX1!   DAX Futures
The Index Futures in trading in a parallel channel on Monthly chart.

Also as per Fibo retracement, 127.2% is at 15400 levels which exactly coincides with the upper band of the Parallel channel.

So we can expect 4-5% move from current levels.

Disc: We can't trade with this & so it is just for educational purposes only !!

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