DAX bounced off support, potential for further rise!

2019年2月7日

DAX bounced off our first support at 11008 ( Inverse head and shoulder neckline support, 23.6% fibonacci retracement ) where a further rise might occur pushing price up to our major resistance at 11757.29 (50% Fibonacci retracement , 100% Fibonacci extension , Inverse head and shoulder porfit potential ).
Ichimoku Cloud shows bullish trend where we might see a corresponding rise in price.