DAX: Trading Range is under attack - Bouhmidi-Bands Short

DAX IndexXETR

Description

⋅ Oct 13, 2020 12:43 PM

The DAX broke the short-term trading range shortly before US opening. The short-term price target at the bottom coincides with today's lower Bouhmidi band.

Comments

Sisa87

⋅ Oct 13, 2020 2:03 PM

We reached the lower Bouhmidi Band and now we are reverting back into bands

Sisa87

⋅ Oct 13, 2020 1:27 PM

only few mins till US is opening - either we see a short term mean reversion at bouhmidi bands or a bit later

Diaana

⋅ Oct 13, 2020 1:23 PM

We re almost there. I think we can expect it go lower still.

Sisa87

⋅ Oct 13, 2020 1:26 PM

@Diaana, yessss :-) only few mins till US is opening

Diaana

⋅ Oct 13, 2020 1:50 PM

@Sisa87, As usuall US will take DAX a little bit higher...