dowcharting

DAX daily analyses november 23 2016

OANDA:DE30EUR   Germany 30
225 1 11
Use the chart together with the text. They form a roadmap that will guide you through the market

I also added the actual "move" I'm expecting longterm, just to point out more clearely what the backbone means and how to read it. We had a very boring and dead market with "shoots" up and down lately without realy moving...So it might look like the same chart everyday. But that is unfortunately how the market is for now. We keep the direction at neutral, since this is a streched out top formation, but intraday we remain long on the lows ofcourse
how would you describe whats happening now? If it breaks throught 10650 significantly, should I consider short right away?
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out