Last time i used this resistance (blue) was 2015 as i expected dax breakout and fireworks.
Now the same trendline could be the answer WHY is dax not breaking up along with US equities.
There is also yearly pivot 10k8 there, completed M topping pattern and red descending channel.
Alltogether maybe too much to break.
Now the same trendline could be the answer WHY is dax not breaking up along with US equities.
There is also yearly pivot 10k8 there, completed M topping pattern and red descending channel.
Alltogether maybe too much to break.
