DAX: New ATH made. Is a reversal due soon?Germany DAX 40 IndexIC:DE40InvestingScopeDAX turned bullish on its 1D technical outlook again (RSI = 59.455, MACD = 212.169, ADX = 17.888) recovering this week all of last week's losses, making even a new All Time High. The price is about to test the HH top of the Rising Wedge pattern where its last contact produced the September rejection. If it holds, then DAX should pull back to its 1D MA200 again at least. Nonetheless, we expect it to test its 1W MA100 this time, which last did in March, aiming at the 0.5 Fibonacci level again. Short, TP = 24,300. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##