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  1. DAX 30 Technical Outlook: Daily Correction

    by , 03-25-2019 at 02:48 PM
    Last week’s strong closing candle is coming from a big area with long-term implications. The head-and-shoulders top I’ve been discussing for months had its neckline thoroughly tested after it broke in October. Retests are a common occurrence for these types of patterns before their full bearish potential is realized.

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    In confluence with the neckline is the decisively falling 200-day MA, the underside of the 2011 trendline which was also ...