Trinad
Short

Dax Short, getting in position for the US election

TVC:DAX   DAX Index
186 0 4
The Dax             tried the last couple days to reach the old yearly high but couldn't close over the high of August at 10800.

I expect the price to fall towards the support at 10500/10450.

I'm expecting the price to rest in the range between 10350 and 10750 until we know who the next US President will be.

I see a breakout and close over 10860 bullish ----> Target 11500.
A breakout and close bellow 10350 is bearish -----> Target1 9800 -----> 9200
Comment:
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Nice bearish movement.
Comment: 5 min Chart looks fine for further down movement.

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