DAX30 FTSE100 FTSE MIB CAC40 Technical Analysis Elliott Wave 29 March 2019
DAX30 UK100 FTSE 100 FTSEMIB CAC40 Technical Analysis Elliott Wave and Trading Levels
In one way or another the current rally is the same for the DAX, UKX100 CAC40 and the FTSE MIB.
The DAX is facing resistance at 11,500 so any drop lower would trigger short trades.
FTSE 100 has rallied the best but now faces resistance at 7272 - 7280 in terms of the Trading Levels, that is Sub Group 2 (SG2) and above that is 7300 this is a Minor Level (mTL3).
The 61.8% retracement target is between SG2 and mTL3.
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Education: Elliott Wave Structures
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