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dionvuletich
Jan 1, 2018 11:06 AM

DAX - Quarterly Bearish Pin Bar Short

GERMAN STOCK INDEX (DAX)TVC

Description

I'm selling the DAX,
(and possibly they DJIA and Russell, I''m waiting for the Nikkei o hit 23900 before considering selling)

I cannot show it on this platform due to not being a premium subscriber BUT there is an ugly big bearish pin bar on the quarterly with RSI Divergence
I strongly suggest people look at it (I use prorealtime for macro charts) as I believe this will lead to 3-6 months of decline in my opinion and may lead the US markets lower as well

I will be looking to short on new years open, please bear in mind this is my opinion only and not a solicitation to act in any way with your own money



Comment

Always bear in mind that macro charts always trump shorter time frames as the volume required to create it is that much larger, so when these infrequent clues appear - it pays to listen!

Comment

More inclined to buy at this level 14/01/19
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