atorrealba

DAX under correction, potential bearish setup

INDEX:DEU40   DAX PERFORMANCE-INDEX
The DAX looks potentially like a it trapped bulls above $12k and is front running them, however it may bounce correctively then retest $12k, but the $12k support will be torn through.

The TTM shows huge squeeze/washout inbound for longs/bulls

Nonetheless it could be a bear trap and continue it's bull run till 2019

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