DAX was much bullish yesterday compared to US indices. 14820 was my sell level and it did give 70points but market closed near the highs.
FOMC today and it is tricky. IMO it looks like a slow move up to go short into but still no signs yet. As mentioned, lows IMO are not in but yesterday's bullish close also points to a possible new high needs for a reversal.
But if I would "insist" on my short bias, it would be on a break of 14760 and retest and rejection for a move lower.
FOMC today and it is tricky. IMO it looks like a slow move up to go short into but still no signs yet. As mentioned, lows IMO are not in but yesterday's bullish close also points to a possible new high needs for a reversal.
But if I would "insist" on my short bias, it would be on a break of 14760 and retest and rejection for a move lower.
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