christian.langfors

DAX GOING DOWN THE DRAIN

EUREX:DY1!   DAX Index
dax
212 1 4
dax
The current drop is too much too fast, although there might be some fundamental issues in the background. We had a similar setup 2011 where DAX             dropped very fast in a single month. From a technical perspective, I'm neutral at the moment, i.e. too much of a risk to further short right now, but also front running going long at this stage.

Expect rebound but more action on the downside in the near future.
Rebound stronger than I had expected, but look for similar price action if the week closes in red
snapshot
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out