DAX ANALYSIS
Dax broke lower edge of wedge pattern
Price is based below key level at 15640
Price is below HVN at level 15580 which indicates that DAX is in distribution phase
Below SMA 100
MACD shows weakness in bullish momentum
It's expected forming bearish wave (c) to target level 15145
Price is based below key level at 15640
Price is below HVN at level 15580 which indicates that DAX is in distribution phase
Below SMA 100
MACD shows weakness in bullish momentum
It's expected forming bearish wave (c) to target level 15145
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