DAX is approaching our first resistance at 10990.66 (horizontal overlap resistance, 23.6% fibonacci retracement , 61.8% fibonacci extension), where a strong reversal might occur below this level pushing price down to our major support 10280.71(horizontal swing low support, 61.8% fibonacci extension , 78.6% fibonacci retracment)
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding reversal in price.
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding reversal in price.
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