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DAX Rejection on the MA50 (4h).

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DAX remains inside a Channel Down pattern. The price just got rejected on the MA50 (4h).
The pattern so far matches exactly the first bearish sequence of the pattern.

Trading Plan:
1. Sell on the current market price and keep as long as the price trades under it.

Targets:
1. 14950 (-3.75%, symmetry with August).

Tips:
1. The MACD (4h) is on the exact same level as the August 11th rejection on the MA50 (4h).

Please like, follow and comment!!

Notes:
Past trading plan:

DAX holding the MA50 (1d) can push it to a new High.

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