Hi all, first a longer term look to understand the big picture. On a weekly chart, very bullish bias, retrace respect 0.886 fibo extension, DAX like to respect this level ... i will expect a bear party soon, before the bulls will take over. for a short entry watch the 12000 area might be sooner then later.
I will update the chart on a weekly basis
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Hi all - daxi continue to respect the 0.886 fibo, as mention erliar. continue to rise up
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which might get us to the 0.886 target around 11990 + -
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Daxi Respect 0.886 again. nice. pullback soon expected to 11900 area as a start
Dax continue to rise hitting the top target, we will watch to catch any pullback
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Good morning Dax continue the bearish momentum, But not for long, as i expect the rally in US market to resume. for now respecting, once again, 0.886 fib retrace will be great, might turn up before good luck !
I like this your chart. With small adjustments was completly right.
Merge it with the last one. :)