gorillacharts
Long

Sticking To Dax Bull Case

TVC:DAX   The DAX Index
Yesterday's candle was actually bullish . Long-legged candles signal reversals, even if the intraday selloff may have suggested otherwise. The key message: breakout levels ~10490 were tested (violated), but held. Index is off to a fresh swing higher, which could target 10860 (late December high) and 10981 (cycle fibo level).
With that in mind, yesterday's mini reversal in Gold             , and GBP strengthening vs. USD, are short-term technicals suggesting we are getting a dovish Yellen at JH?
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