The_Cannalyst

Have a look @ EMA 200

Lång
FX:GER30   DAX index
10
The decision will be made @ 10780 (EMA 200)
resists: 10.980/11.000 / 11.200 / 11.450 / 11.600
supports: 10915/10.870 / 10.800/10.780 / 10.700 /10.90/10.000

A Rally Chance is given if Dax is trading over 10.920/10.880.
- If Dax will drop down 10.780, a new low @ 10.700 could be exspected. A Close under 10.770 (EMA 200= 10.780) increases the risk to crash to 10.000. That Level is corresponding to the fibo-retracement 61,8% (8360-12420)

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