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Equity Market Observation 11.07.22
DAX Index
Looking at the chart back till 2009 then it’s tempting to close short and go small long around the rising trend-line, the blip down below the trend line has not been taken into consideration due to very abnormal market event (covid)
Momentum is also testing the previous lows when testing the rising trend line.
*Market Observations are NOT trading recommendations*
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