InvestMate

InvestMate|DAX Finally On The Decline🥨

Corto
XETR:DAX   Índice DAX
🥨DAX Finally On The Decline

🥨Every investor has probably been waiting for some sort of downward correction on the dax.

🥨After a month-long accumulation, it was time for a decline.

🥨Today, we are down a full -3.28%.

🥨We are currently at the 0.236 level of the current upward wave, which I do not believe will hold the price for much longer.

🥨My target market is around the 0.382 level of the current upward wave, where I have identified a support zone.

🥨Looking at the pro-declining signals on the MACD and RSI I have no doubts about a drop to these levels

🥨The scenario I am playing out is a continuation of declines to the vicinity of the support zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀

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