With Friday's bull run on the DAX, I see either a retracement to the two most obvious fib levels and then a bullish continuation. Alternatively this view this chart could look like the right shoulder of a head and shoulders pattern with a retest of the uptrend at about 23,400; but I think this is less likely, and a pullback with a bullish continuation to test all-time highs is most likely. Either way, I am bullish on the DAX/GER40.
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