perc_growth_everyday

Lets plan a route

XETR:DAX   DAX Index
As you can see the 100 EMA is a resistance which stopped the Dax going into a long trend multiple times!

at the other side there is the green zone which could signalize a down trend if it gets broken through

Dax have to decide long or short?
the decision isn`t far
Comment:
Like you can see we tested the green zone and did a great upmove to the 100 EMA
can we break it?
Comment:
Well resistance downtrend line got to a support trend line.
I wait for a short breakout!
Disclaimer

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.