DAX: Current micro trend bounce zone and eventual price support
Not looking to hold a Long position for an extended period of time. The conjunction of a horizontal & sloping support a bounce zone. If not the breakdown will be swift and a large short position will be taken due to the lack of price support until 11000.
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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.