Largo
DAX STRUCTURE: LONGS TILL 14.300-400 ZONE
SECOND LEG UP TO THE UPPER CHANNEL
WE HOPE A GOOD GAP TO PASS THE 13.400 ZONE, AND RUN TO THE UPPER LEVEL MAKING NEW HIGHS. THE 12.800 WORKED LAST WEEK AS A 3 TOUCH CHANNEL DOWN WITH LONG BREAKOUT PROJECTION.
IF THE NEW MAX FAILS, THE 12.800 SUPPORT WILL DIE, WITH THE FIRST TARGET ON 12600, AND 12.200
WE HOPE A GOOD GAP TO PASS THE 13.400 ZONE, AND RUN TO THE UPPER LEVEL MAKING NEW HIGHS. THE 12.800 WORKED LAST WEEK AS A 3 TOUCH CHANNEL DOWN WITH LONG BREAKOUT PROJECTION.
IF THE NEW MAX FAILS, THE 12.800 SUPPORT WILL DIE, WITH THE FIRST TARGET ON 12600, AND 12.200
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