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.
Sorry but i do not agree... atual zone 8700 is the right buy area and get long
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SamKent Leo.Ash
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
In this point i agree this is a huge buying opportunity but to get long again ;)
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Leo.Ash Leo.Ash
I enter long at 8730
Reply
SamKent Leo.Ash
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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