GER30 Setting Up For Potential Higher Trough
Weekly After the panic-driven selldown for the week ending 19 November, the DAX (GER30) has used the support level around 15,000 (blue shaded horizontal) to regroup. The index has charted a reference trough (T) and a reference (P) and we are assessing if a higher trough (HT?) charts. This will depend largely on next week's price action i.e., a higher low and a close above this week's high will confirm…
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