thsumlauft
Short

Risk/Reward Ratio Supports Short

INDEX:DAX   DAX Stock Index
From its peak in April 2015, the DAX             has lost about 20% in the context of global stock market declines over the last couple of weeks. This week, the index managed to stop its downward trend at its supportive multi-year up-trend. The general picture supports the view, however, that we have not yet seen the trough. In order to brighten up the chart, the DAX             would have to rise above the downward trendline at about 11,000. More likely, in my view, is that the index will approach and test its 200/250 moving averages and perhaps the flatter up-trend at just above 7,000. The risk/reward ratio certainly seems to support being short: While the upside is limited, the downside potential is significantly larger.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out