German DAX Looking Bearish

Gregor Horvat
Gregor Horvat
Forex Technical Analyst •

German DAX looks to be turning bearish.

German Dax is pointing lower after that first leg down from 12838 seen as wave a, or maybe even wave one, followed by a wave b/2 so third leg down can be coming towards 12600 region.

German Dax, 30Min

STOCKS IN THIS ARTICLE

DAX
Track all markets on TradingView

More from this Author

Bitcoin At A Turning Point As Bears Defend Resistance, But Bullish Scenario Remains Alive

Bitcoin At A Turning Point As Bears Defend Resistance, But Bullish Scenario Remains Alive

Gregor Horvat •
DAX Extends Rally Toward New Highs, But Ending Diagonal Warns Of Potential Exhaustion

DAX Extends Rally Toward New Highs, But Ending Diagonal Warns Of Potential Exhaustion

Gregor Horvat •
Chainlink Approaching Key Support As Final Wave Of Correction Develops

Chainlink Approaching Key Support As Final Wave Of Correction Develops

Gregor Horvat •

Comments

Back to all articles