EUREX:FDAX1!   DAX (CONTINUOUS: CURRENT CONTRACT IN FRONT)
HIGHER HIGH MAJOR TREND REVERSAL IN PROGRESS.
MAX IN 11.530 (5ª WAVE FROM 9.300 2015), FAKE TRYING TO REACH THE MAX IN DEC18 13.336. THE TESTED SUPPORT IN 12.860/12.800 COULDN´T HOLD ANYMORE, AND THE PRICE WILL DESCRIBE THE CHANNEL. TARGET IS ABOUT 12.500. FIRST IMPORTANT SUPPORT IS 12590-12550 (. HVN             4.80% .) AND 12490 FOR A GOOD REVERSA
Komen: this days must close under 12.800. Right now I can see a Sellclimax at 12.740 and a bounce. Today sellers should take control under 12830-60
Yesterday was a failed opportunity to fall down to the lower channel level (sp500 helped to do that). It was a stopjumper longpositions, but volatility is increasing. Maybe is a randomwalk to 13.020 or 13.150 (to break short stops), we´ll see. Next time the price is coming to 12800 zone will be faster and lethal (maybe a gap down)
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