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Failed to Breakout - Not too good for DAX

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Good morning everyone:

Was checking the moves on DAX, and noticed how it failed to break the Elliot Wave's A point drawn on the graph. The technical indicators also signal a significant overbought on DAX, in which I don't think it's a good sign and would suggest you to maybe consider shorting DAX for some profit. Target price 11859.
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Boi the falling is real lol. GL yall!

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