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Encouraging rally in European Indices

Posted on January 9, 2019 Written by Chart Prophet

Encouraging because important levels that were broken have been recovered and are now Support rather than resistance. Hopefully these levels will not be re-tested.
Following the test of 6580 FTSE has recovered back above 6820, the maj poc. This level is now Support again.

FTSE

DAX has rallied back above 10672 which is an important controlling price. This level is now Support again.

DAX
DAX

Filed Under: emini SP500 (ES)

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