Kumowizard

DAX momentum divergence, pull back is possible

OANDA:DE30EUR   Germany 30
- Trend is bullish , price penetrated downtrendline
- On the other hand Heikin-Ashi signals exhaustion and momentum divergence.

Some consolidation, or a minor pull back to 11830 - 12.050 zone is possible. Please note there is no harm to the trend until market holds above the 26 days avg and the cloud.

Strategy: reduce longs if you have, sell covered calls. If a retracement happens look for a buy signal
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out