DAX PERFORMANCE-INDEX
Short

DAX : on way to 10200? Head and shoulders

61
On the longer term chart the Dax shows a clear head and shoulders pattern, broke the neckline and then re-tested it. Now looks like over the medium term will head down to the measured target approximately 10200.

Move could be quick depending on global markets.

Interesting pattern.

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.