SwissyTrader
Long

Going long in german Dax when long time support of 1708 is near.

TVC:DEU30   DAX Index
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Dax made a not so nice double bottom on friday after a sudden downbreak at 11:00 in the morning. Chances seem big that there is a retest of the longtime support at about 12708. May be that an elliott-wave 3 will follow to the maximum of 12800, which is a hard resistance.

Comments

ultimate 13400 is a master short, in my opinion
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3.618 is seems to be sweet zone
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long now
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