if by any chance today's candle close comes in red or doji , we can expect bear divergence on daily TF & coming week of blood bath , but all depends on todays closing .
Just framing it here for future reference.
Dax broke it neckline way before the correction started in US markets. After a drop now it is retesting the neckline. We can expect a correction from here again, BREXIT may be the trigger.
Please keep tight stop loss. If it is gone, then it is gone. Lol.
It shot up due to Powell comment which is just an outlook. So expecting a retracement first before it goes anywhere else.
Trend line support, Bullish divergence, @ support,
IS DAX the leader of the markets to guide everyone?
The key support which was holding the Dax got breached with a sizeable gap down..Be very cautious about the Eurozone going ahead in the short term.