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Dax 200 MA Extension

by Ashraf Laidi
Jan 11, 2023 10:57

If the DAX40 maintains its habit of extending 13% above its 200 DMA, then current upside may extend to as high as 15300, just below the 76% retracement of the decline from the Jan 2022 high to the Sep 2022 low. 

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Dax 200 MA Extension - Dax 200 Dma Jan 11 2023 (Chart 1)

 

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