Our updated DAX chart. As the chart imposes a major support is being tested after the asset's failure to rise higher.
Eurozone is in trouble with France showing weekness and this might cause all European indices a correction. Italy and Spain as well as the rest of the PIGs are hustling with lockdowns.
Could this be the time to click on the Sell button? We will find out in the next few hours/days. I'm going short here and hedging with buying Nasdaq, but that's me guys.
Eurozone is in trouble with France showing weekness and this might cause all European indices a correction. Italy and Spain as well as the rest of the PIGs are hustling with lockdowns.
Could this be the time to click on the Sell button? We will find out in the next few hours/days. I'm going short here and hedging with buying Nasdaq, but that's me guys.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.