DAX 30: “evening star” confirmed

DAX continues his corrective move after the “evening star” formation on the top. As we said yesterday, it is a strong signal for a trend reverse.

Today a deeper bottom, which confirmes the correction and gives us the possibility for a new sell, with a stop of 30 pionts.

The stop of negotiations in Greece leads to short term negative moods on the markets, the possibility for the correction to continue is big.

 Varchev Traders

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