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DAX

4 Aug 2020 ‚óŹ 04:04 AM

The German DAX index has taken support at the lower Bollinger band and bounced back to close above the green 40dema. The recent fall was a-b-c, so a good chance that at 12253 we completed wave 2 of 3 and wave 3 of 3 up can start where 3=1 goes to 16000 next. ARe we looking at a European stock market rally then? Why not.

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