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DAX Index
Short

Short Again

By motleifaul
Updated
We have classically retraced the decline of last week. Now this retracement has reached an important resistance point. It is the March top, the top of 5th-6th June and the temporary May bottom. Together with the 50% retracement it seems to be resistance enough to risk a sale.
Note
It can be seen much better at the daily chart.
Trade closed: target reached
FibonacciSupport and ResistanceTrend Analysis
motleifaul

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