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PurityZurich

DAX

Long
GERMAN STOCK INDEX (DAX) (TVC:DEU40)  
PurityZurich Updated   
TVC:DEU40   GERMAN STOCK INDEX (DAX)
Trend Analysis
3
1
trendanalysis
Daily
Comment:
Trade still active; indicated support line 12.800 still valid

TP max: 1-2% below 25Y trendline (9.6% DAX CAGR): 13.550 - 13.700

Potential draw back to 13.150 within next days
Comment:
Correction is on the way

Tomorrow is D-Day: a positive votum for a German coalition is bullish and vice versa
Trade active:
It is time to initiate SL; if DAX closes below 13.350 TP
Trade active:
SL: 13.375 (+305)
TP: 13.540 (+470)
Trade active:
Adjusted SL: 13.550 (+480)

Target reached.
Trade closed: target reached
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