Dax ist trading near it s strong pivot resistance-level @ 9.950 (former high). Prices between 9.950 - 10.200 seem to be neutral. Only prices above that key level generate new signals on the upper side with target @ 10.850. Could the shortterm trend not be defended these days, the possibility is given that dax will form the right shoulder and kiss the neckline of the big H&S @ 8.550 again.
Comments
The_Cannalyst
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The resistance Cluster was too strong to beat it... Prices below 10.000-10.100 still seem to be bearish
The_Cannalyst
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The_Cannalyst
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the shortterm uptrend broke....the target on the downside could be 8750
jimmy_hongkong
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If that was the case, it would lead to 6000 after the neckline broken.
The resistance Cluster was too strong to beat it... Prices below 10.000-10.100 still seem to be bearish