fractal_trader
Long

Dax Follows US Indices to Upside

TVC:DAX   Index of the 30 major German companies
dax
131 0 2
dax
Longer-Term all Indices are trending up. The US Indices have done so for some weeks now, Europe and Japan seems to be following now. The Dax             has hit a Breakout four weeks ago and was trading on top of it for a month. Last week showed strength in price with rising momentum on the intraday timeframes, a continuation to the upside making new ATHs is possible.
Comment: The market requires to be patient. Dax still valid long longer-term. Just hold on to it and see how it plays out. Trading on such high timeframe involves accepting that the PA each week may not be of utmost importance. The markets need room, then the trend can unfold.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder 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 Account and Billing Sign Out