Dax really had some nice selling in past weeks. It has met its 100 MA on the Daily and now we had a good bounce from it. I think this could lead to some buying activity, especially with the fact that the Euro might potentially sell-off a bit.
I see DAX as a potential BUY if it breaks and stays above that downward channel.
Let's keep an eye on this great index.
Keep an eye on the price action!
I see DAX as a potential BUY if it breaks and stays above that downward channel.
Let's keep an eye on this great index.
Keep an eye on the price action!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.