MaryJane
Long

New Up-WAVE? Dax with bullish shs?

EUREX:DY1!   DAX Index
23 0 6
former Analysis is unlimited valid...
The Traders dream became true!

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The Traders dream came became true! The pullback stopped @ the 61,8 fibo. Since we have seen the Low @ 11.040 the market decided to go up further. Now we have resached zthe max. pullback Level, the 61,8 fibo from the way down 11.750-11.040. This Level could be a possibleTurnaround Niveau.

Bearish Szenario: Should the ultrashortterm trend be hurt (Grey arrow) we possible will see a dip to the former LOW @ 11.040. Will the market fall below this Level, the next target would be the LOW @ 10.650. On that way down are based the EMA and SMA 200. They should be a strong Support! If we trade below the last orange "3", i exspect a fast selloff-move.

Bullish szenario: If the index is strong enough to take the last green "2" out of the market, my autumn Rally target can be aimed.

Hybrid Szenario: The market can dip to ist EMA and SMA 200 without hurting any trand or bullish Szenario. Should the market dip to the MA`s i exspect a BIG UP MOVE

former Analysis: Beware of the Flag!
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https://www.tradingview.com/chart/GER30/V7Spgf9b-Beware-of-the-FLAG/
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https://www.tradingview.com/chart/DAX/CfHt4PAY-Will-the-pullback-stop-61-8-fibo/
Will the pullback stop @ 61,8 fibo - the maximal correction level? This would be a traders dream :-)
All Tradingsessions above its 200 sma/ema seem to be bullish anymore.
The range between 10.600-11.060 is neutral
A sustainable close below the ema/sma 200 are selling signals, prices below the last LOW @ 10.600 can generate a selloff

Greek Agreement:
Greek: Agreement - Dax +2,9%

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