Exercise-Discipline

DAX SHORT: Fundamental and Technical

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FX:GER30   德国DAX指数
Fundamentally: the Eurozone is politically unstable. Debt is rising. The Euro may bottom soon if Draghi tapers QE. Rising US interest rates will put downward pressure on global equity markets.

Technically: there are multiple divergences on the 4H chart towards 11600.

Target: 11000, 10500, 10000
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