German Dax is trading 160 points from the low and above red wave iv) swing high, so it appears that bigger corrective bounce is underway. We are tracking wave 4 that can rally with three subwaves back to 9740-9800 resistance area where gap, blue wave four and 38.2% Fib. level can cause a new sell-off on this market later this week.
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German DAX, 30Min