Charts, Featured, Technicals|November 25, 2012 10:05 am

$DAX_F in retracement mode of Bullish Gartley

Bullish Gartley is approaching 78.6% retracement. The most recent rotation has retraced right at its 78.6%, so a pull back to at least 7187 sets up for new harmonic Butterfly pattern. Failure to pull back to green fibs is a sign of strength and has cyan fibs as upside targets.

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$DAX_F in retracement mode of Bullish Gartley

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