Last 2 times US30 was so overbought it fell at least 14%...
Just an idea for next days but im not convinced...
Last two times macd cut in daily we went down 12% and 18%. I think if ECB deny bloombergs news and tomorrow we loose today´s lows DAX can go for 9600->9000.
A close below the blue channel can open a door for shorts in DAX looking for 9700/9400. Also we have the macd divergence in 60 minutes. Agree?
I am quite sure i am wrong, but it has all for going dawn in a short medium term. Do you agree?