German Stock Index (It is more than just buying Supply/Demand)
View On German Stock Index (5 JUNE 2020)
DAX is rising higher for the past week and the previous resistance of 12,250 regions has turned into support.
So, watch that region closely. if 12,250 region support well, 12950 regions will be the next resistance.
It is more than just buying Supply/Demand. If the BOND market implodes, stock markets will become another attractive option.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
DAX is rising higher for the past week and the previous resistance of 12,250 regions has turned into support.
So, watch that region closely. if 12,250 region support well, 12950 regions will be the next resistance.
It is more than just buying Supply/Demand. If the BOND market implodes, stock markets will become another attractive option.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Comment:
Update View On DAX (11 JUNE 2020)
Thank You Mr. Powell.
We are in the money.
Thank You Mr. Powell.
We are in the money.
Trade closed: target reached:
Update on On DAX (11 JUNE 2020)
Thank You Mr. Powell.
Now it hit our TP (Take Profit) level.
Thank You Mr. Powell.
Now it hit our TP (Take Profit) level.
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DAX hit 12,950 as we mentioned previously.
Now we are seeing some BEAR action in the index and IMO, it is about time.
It shall make FED item to whip some late buyers out.
12,380 will be the nearest support while, 12,000 regions will be a further one.