Germany Stock Index (12 Feb 2018) * Bears, Be Patient.

DAX dived down into a strong congestion zone of 12,000 to 12,200 region and currently it making a bounce.
I expect it can swing back up strong, as it may have trapped enough later sellers and it will attempt to eat them up.

It can swing back up to 12,500 regions.
I see the region as very strong resistant region and the index may not have enough strength to pass throught it.
If you are looking for a short, this is where you want to wait.


Trade Safe

s0nic


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