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Farbenspiel
Nov 15, 2014 9:48 PM

DAX Falling Wedge Long

DAX PERFORMANCE-INDEXINDEX

Description

Raising above 9250, leaving the wegde upward, gives a clear LONG signal.
Alternatively (not favored) falling below 9150 makes the LONG-Scenario lapsed.

The boring Friday underlines the principle persisting interest in buying.
Otherwise a deeper sell-off would be seen already.
Raising up to (or over) 10150 should be possible in the next few weeks
if this signal keeps its promises.
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