christian.langfors
Long

DAX 12200 BREAK OUT

INDEX:DAX   DAX Stock Index
127 0 3
dax
DAX             managed to break out upwards from 12200 resistance last week. I would now state that everything above this level is bullish , and a heads up if 12200 is tested and fails.

With that said, look at a weekly chart of MACD and DAX             . The current bull trend is parabolic..

http://3.bp.blogspot.com/-dwax62RGVOs/VSq8p4Ad6SI/AAAAAAAAT14/1KZ3Oy5tgEE/s1600/Screen%2BShot%2B2015-04-12%2Bat%2B12.28.51%2B.png
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