SamKent

DAX Buying Zone

INDEX:DAX   DAX Stock Index
37 5 1
The Dax             has been suffering much like other equity indices , the figures from the German economy have been noticeably poor as of late. However, the overall trend is still very much bullish , and the ECB's easing program will most likely push stocks higher. Therefore, we're expecting a continued correction, with the market consolidating around the 8150-8500 area, before a resumption of the bull trend, backed by monetary easing.
Leo.Ash
2 years ago
Sorry but i do not agree... atual zone 8700 is the right buy area and get long
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SamKent Leo.Ash
2 years ago
no apology necessary, disagreement is good :) I think this buy area on the monthly is more conservative, the market could certainly trend higher without such a major correction, I think the main point is that this correction should be a buying opportunity one way or another.
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Leo.Ash SamKent
2 years ago
In this point i agree this is a huge buying opportunity but to get long again ;)
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Leo.Ash Leo.Ash
2 years ago
I enter long at 8730
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SamKent Leo.Ash
2 years ago
Certainly we agree that there's only one way to trade this market...the only issue is where to long it :)
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