DAX forecast for next days (slightly uptrend)
The DAX index seems to encounter a resistance that is a weekly SSB.
In high timeframes (Weekly and daily), in the next hours, days, if the LS gets over its actual candle (the top of it being tested by LS) then that would confirm an uptrend direction for the next hours or days.
A potential resistance would then be 10369.
I would suggest to invest (buy) at the next opening of the market and to put a take profit at :
- secure : 10347 (10 pips)
- mid-secure : 10357 (20 pips)
- unsecure : 10369 (32 pips)
In high timeframes (Weekly and daily), in the next hours, days, if the LS gets over its actual candle (the top of it being tested by LS) then that would confirm an uptrend direction for the next hours or days.
A potential resistance would then be 10369.
I would suggest to invest (buy) at the next opening of the market and to put a take profit at :
- secure : 10347 (10 pips)
- mid-secure : 10357 (20 pips)
- unsecure : 10369 (32 pips)
Comment:
Index went up to 10456 so even the "unsecure" investment advice was a good forecast :)