德國DAX指數

DAX ripe for correction or not?

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The German Market Index could see a ABC correction soon, as suggested by the 200 Period Bollinger Bands on the Daily and the RSI. However talking a look at the current trend channel we could see just another final pull up to the 13400-13600 level before correcting. As long as current levels hold above 13100 the long direction should still be prefered with one last pull to the upside.

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