DAX is forming a M pattern with big volatility coming due to potential BREXIT, more bad economic data coming out from central banks as well as from corporate the potential to downside movement is high.
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Pattern formed and target reached. Expect a bounce back to 10180 and then down to 9450.
บันทึกช่วยจำ
With FOMC and BREXIT coming closer the DAX has been plunging towards strong support area of 9545-9300. Bad economic data releases have put even more downward pressure on the DAX. Watch out for the DAX breaking 9300 level. This could be the start of bear market.