QE3 ends in October and you know the behavior of the markets when QE1 and QE2 ended? No? QE1 dive 17% and QE2 dive 22%. So my target at 87xx make sense. DAX this week CAN make a final push until ECB meeting this thursday.
I begin sell my short position and lock profits at 9795
trandom
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hi Leo.Ash, it looks that DAX doesn't want pull back, how do you see that?
Leo.Ash
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hi trandom, keep your shorts and do not get long at this levels. Like i said i only buy more shorts if DAX achieve 9700 - 9600 level. What i think it will not go to happen this time. I target still 87XX level.
trandom
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hi Leo.Ash, please share your toughs, buy more SHORT now or still wait for pullback? thank you in advance!
Leo.Ash
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Hi Trandom... i will only add more shorts at a right level, i can consider 9700 level a very good entry again. Do not be greed if DAX not achieve again this levels. Keep your shorts and wait for the 87XX level for lock profits.