DAX is bouncing from the long-term support
Today we have DAX price action on a watch.
DAX is testing the long-term upside support 8900 level. We could see a bounce from here and a correction higher to 10500. A daily close below the 8500 level is required for an upside bounce scenario invalidation.
ARMAT trading system is neutral
Note – retest of the previous resistance. Look for long trade entries with the stop loss below the 8500