DAX daily, looks like a SELL now, cornered up rising wedge... futures over night, also show it now, before Europe opens... Apple announced a profit warning some hours ago, no surprice, do to lockdown in China jan/febr.... Bear dvg in several indicators, in higher TF...
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In futures, it looks like this... still several options in the morning..
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Structure looks like a corrective abc up, then normal it should turn to downside again >> C
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Is it down into wave 3 (iii) no..to lower 600. ? Double top now at 13750.
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200p drop , will 575 hold now ? Massive double-head HEAD... :)
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Not sure yet, if this low holds, could be lower o.c. , but IF we could find some evidence today... ? It has made a 5 wave down, so perhaps another bulltrap ABC up, next week ?
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In 30min xtra looks like a HS top-formation now, w a smaller right shoulder. US will decide if this will break down or not....