If not earlier, then at the latest before February 17, the DAX should reach its monthly high, but the next 2 weeks should not make any big leaps.
If I'm right, then the next target would be 15620.
15736.52 is resistance and only if there is a weekly close above this price level then the following would also be possible:
15883.24 & 15947.74.
SL over 16272.
Note:
if one of the next monthly candles closes below 13992.71, this would confirm the February high as a yearly high.
If I'm right, then the next target would be 15620.
15736.52 is resistance and only if there is a weekly close above this price level then the following would also be possible:
15883.24 & 15947.74.
SL over 16272.
Note:
if one of the next monthly candles closes below 13992.71, this would confirm the February high as a yearly high.
Comment:
Target 15620 reached!
