Renkotrade

Dax LONG end of 5.4. What will happen now ?

Long
TVC:DEU40   GERMAN STOCK INDEX (DAX)
Hello to all who watch a charts.

Dax is still LONG, I think that's clear

But what can we expect for the next trading days ?

As you can see I have now drawn 2 support lines in red below these Dax
should not fall for further long positions.

That's the first at 11974 (ca) and the second at 11963 (ca) so we say :

A range from 11960 to 11980 is our support zone for tomorrow , Monday.

If Dax - DEU30 falls in 1 hour Renkochart
below these support zone Short is announced.

Have an eye on these key support zone.

(Please always wait for the end of the hour ( end of 1 HR Chart ) to check and to avoid wrong signals)

If these zone hold then I see the Dax continue long.

If not Long positions should be closed immediately

Good trades

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