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Dax30
The index yesterday opened a gap with many brokers, because brokers suspended quotes in several countries during Monday’s holidays. At the moment we can see that the rate rebounded from the support which is equal to the largest correction in the upward move, commonly referred to as the 1: 1 correction or the OverBalnace. Due to the strong trend, long positions will be taken into account until the local support breaks out of the M5 time frame.
