Within free "For the FDAX now 12450 pts are mandatory"-GUNNER24 Newsletter Forecast - click here to re-read this April view -, I stressed the FDAX, which is the DAX futures contract, compellingly should test 12470 pts at it`s April highs OR if this 5x resistance upmagnet will not be reached in course of April the price NECESSARILY has to work off major 12450 to 12490 upmagnet resistance area sometimes in course of month of May, before the anticipated spring-top process should begin.
… to identify this most attractive pullback support or downmagnet, where we can expect the final turn or the FINAL SUMMER LOW`s, we switch back to the monthly chart and analyze the monthly 7 Candle GUNNER24 Up Setup, starting at # 1 // 2014 Low, already shown at the beginning of this issue:
Target for the pullback cycle is the 2*1 Angle which springs directly at # 1 // 2018 Low, next higher bull market low and likely bearish extreme where the next multi-year long bull market upcycle is triggered.
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Enjoy and be prepared!