DAX Index
Short

DAX Failed breakout.

122
DAX here is a Big Picture monthly chart. It is screaming "from failed moves come fast moves in the opposite direction" rule. We need to be aware that a move to the bottom of the channel is very possible in the weeks ahead. There is certainly ample MMT fundamental evidence to support such a move as we saw back in Feb of this year.

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.