Forextuitions

GER30 (DAX) TRADE SETUP FOR THE DAY

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The larger correction against 2009 lows is proposed complete at 8249 on 3/16/2020 where the daily and 4 hour are turning up. The 1 hour is turning down against 13462 to correct the cycle from the March wave ((2)) lows. While it shows it will remain above there the index can can see new highs toward 14000 in the cycle up from the March lows.

SELL DAX 30
@12740-12785

TP: 12450
SL: 12900

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