"DAX Update 25/09/2014" by trader Leo.Ash — published September 25, 2014

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DAX Stock Index (INDEX:DAX)

INDEX:DAX DAX Stock Index

dax dax30 dax dax30 dax30 dax30 dax dax

DAX is fighting with 50 days MA. Last time (26th June 2014) when DAX begin some correction 50 days MA reject the move and turn up again. Probably this time will work the same way, but my 87XX target still in place.

Related Ideas

about DAX 6

about DAX 3

I begin sell my short position and lock profits at 9795

I do not advice long positions at this levels

DAX is fighting with 50 days MA. Last time (26th June 2014) when DAX begin some correction 50 days MA reject the move and turn up again. Probably this time will work the same way.

Hi Leo,Ash, could you let me know when is the time to buy more SHORT positions, which level?

trandom

DAX will probably pullback and test again the 9890. That is the level to get more shorts

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