The DAX has entered into a 1h-Squeeze (the Bollinger Bands entering into the Keltner Channel). Frequently, during a squeeze pressure is building up that needs to be released in an impulsive move, once the squeeze fires to one or the other side. The TRIX and the MACD indicate decreasing momentum, so the squeeze firing to the downside would be the more likely scenario.
Option traders like squeezes, because they mean fast and furious moves - great for long delta 70 options plays. So be prepared ... :)
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