DAX broken resistance retest and rejection
DAX is being rejected by the previously broken downside resistance 13900. It is going for another test of 13500 for a confirmed break below this level, for a complete downside extension, and a break below 13300. The downside continuation scenario can only be invalidated upon a break above 14100.
Note: look for the short trade entries with the stop loss above 13900
“If you think Investing is risky, wait till you receive a bill for not Investing!” Jim Rohn
REAL-TIME TRADERS EDUCATION! TRADER’S CLASSROOM ONLY $69 PER MONTH!