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DAX WILL SLIP TO 10400-500 AREA PROBABLY EARLY NEXT WEEK

DAX WILL SLIP TO 10400-500 AREA PROBABLY EARLY NEXT WEEK

As you can see, DAX is an ascending triangle and it is a steep one. Resistance is once a long term support for the uptrend. It is running out of fuel and probably early next week, it will pull back gradually to 10400-10500 area. After resting there for a while, we will move down further to fill the gap between 9500-9800. This will also be bearish for BTCUSD which as to my previous idea, push back the price towards first 8800 area and then around 8000 where people tend to buy in the most.

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