The top European markets (FTSE, CAC40 and DAX) have all reached a recent high and pulled back. The most interesting of these is the DAX which appears to be midway through making a head and shoulders pattern. If this does develop the last shoulder of the pattern, we could expect the DAX to retest support at around the 6000 level.
This post was taken from The Technical Report.
(c) thetechnicalreport.com
This post was taken from The Technical Report.
