Analysis

DAX 30 FTSE 100 FTSE MIB CAC40 Technical Analysis Elliott Wave 29 March 2019 [Video]

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, FTSE100 CAC40 and the FTSEMIB.  
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 - 2780 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
UK: has GDP figures and the parliaments Brexit vote.

Peter Mathers tradinglounge.com

 

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