GERMAN STOCK INDEX (DAX)

DAX prior NFP longer term bearish short time pullback possible

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My bigger picture outlook for the DAX is in tact and seems to be working out (Take a look at the bigger picture analysis). However a short term pullback could be in play which can retrace back to the 38-50% area from the prior high. Should we make lower low obviously we don't need to make this pullback but if it comes here would be a good area for it.

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