Since the beginning of July, Dax30 is consolidating(distribution in my opinion) in a timid H&S (timid because you can barely distinguish the head from the shoulders) Now the price is at neck-line support and in case of a break the next target is 11500 Look to sell rallies or sell the break
well done. tracking a somewhat similar setup.
a bit of and H*S in there for sure, also US30/DOW
looks weak and there is no stimulus until late November now.
a bit of and H*S in there for sure, also US30/DOW
looks weak and there is no stimulus until late November now.