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christian.langfors
Apr 13, 2015 1:19 PM

DAX 12200 BREAK OUT Long

DAX PERFORMANCE-INDEXINDEX

Description

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..

3.bp.blogspot.com/-dwax62RGVOs/VSq8p4Ad6SI/AAAAAAAAT14/1KZ3Oy5tgEE/s1600/Screen+Shot+2015-04-12+at+12.28.51+.png
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