DAX is approaching the 16 month HH Zone while being vastly overbought on the 1D timeframe (RSI = 76.873, MACD = 201.900, ADX = 41.880). The 1D CCI shows that we may be entering a period of volatility similar to what followed after the May 19th 2023 High, which initially resulted into a -6.42% correction. Based on that, our bearish target is near the S1 level (TP = 16,850).
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Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.