Dax: At Crucial Pre-Covid Resistance

The German Dax is at crucial Pre-Covid levels: A break to the upside could lead to huge follow-through.

Nicely visible on the Weekly, we have now had 2 major V-shaped recoveries:

istantanea

This leads to a nice Bull Flag on the Daily right now, with a tight equilibrium range:

istantanea

RSI is cooled off for break to the upside.
Chart PatternsDAX Indexdax30dax30longTechnical IndicatorsTrend Analysis

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