Singkat

DAX Major bearish breakout

We're watching the support level of 14877 very closely as it's a major overlap, 23.6% Fib retracement and a break of this level, coinciding with the ichimoku cloud bearish exit, could trigger a massive drop to the next support level at 13863.

It's also nice to see strong bearish divergence vs Stochastic suggesting we could see a big reversal upon the break of the 14877 level.

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