This morning we broke below the two-hour IB and if we continue breaking to the downside then 11850 is a reasonable target, based on the exposed point of control (POC). The market remains technically bearish below 12600.
I have been back at school today learning a little bit more about video editing. So please excuse the delay here. I will use some of the content I shared in the premium channel earlier and post up a little video I made as well.
Dax POCs
If we continue breaking to the downside, then this is a good potential target
Dax Median Line
Before that we see an IB break to the downside and there is a ML here that’s looking more likely
DAX MPL
Be aware of this supportive MPL at the bottom and perhaps look for those pullback breaks that you can see with the upsloping MPLs
