DAX: Set to break its H&S top and target 10,500

11 Okt 2018

The DAX index has slumped back to 11,700 - the neckline for a long term head and shoulders pattern

Scenario A) The neckline gives way to target 10,500
Scenario B) The neckline holds for another rebound into the consolidation before weakness resumes

24 Okt 2018

Catatan

Neckline broken and pattern confirmed
If more downside from here - likely to be choppy ride