DAX Stock Index -DAX -Daily - Toppy Action, Tight Stop

The current correction is now longer than the last meaningful one back in Dec-Jan.

I think DAX is healthy for the longs if above the 12000 level and under distribution if it is below the red-box marked "16" above.

Targets on the downside are 11,400 and 11,200 potentially.

Tim
12:13PM April 23, 2015 11867 last DAX