I'm watching the DE40 closely here. It's putting in distribution over distribution, which simultaneously leads to the creation of a potential higher time frame distribution model. There are many other indices with a similar behaviour, but this one looks the cleanest so far. I'm waiting for invalidations/confirmations at the POI's.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.