DAX fell sharply lower at the start of the week, but then it bounced even stronger on Friday after touching the lower side of a trading channel. Move up to 10500 is very sharp, an impulse which means that the double zigzag from 10803 can be finished and that index will see more upside after any corrective set-back on the intraday chart. Invalidation level is at 10173; as long it holds, we are looking higher.
German DAX, 4H
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