themarketzone

New record high coming?

FX:GER30   德国DAX指数
Notice the DAX's chart
During the last two months, not only that it has recovered the majority of its losses, but its price also climbed back up above a weekly trend line.
Basically, this is a potential false break (monthly)
If this trend line will now HOLD as support again... there's a chance that we will see new record highs for the DAX before the end of 2019

What do you think?

Focus on that trend line


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