today AC(or stoch 7.4.4) on 4hour chart was red , now it turn gren = up trend can start (looking for buy) dax frist fill yesterday close price (gap on cash xetra dax) now must fill open gap on up and 16000 if you have open sells,strongly we advice close them now , in going up dont pick other sell,dax fibo161% target is 16300
Hello ..
But Ive been informed that Dow and S&P will sell out today being quadruple witching dat so Dax will test its lows for this month (15,400 odd) before rising up again.
So I guess based on all the stats its better to hold before that sell happens over the next few days
Also next week Dax is becoming DAX-40 which means more gyrations before the market starts rising middle of week.
ramin_trader2006
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@jassinvoh140285, going down possible but main trend,daily chart is powerful + up , so even go down,must back to high
But Ive been informed that Dow and S&P will sell out today being quadruple witching dat so Dax will test its lows for this month (15,400 odd) before rising up again.
So I guess based on all the stats its better to hold before that sell happens over the next few days
Also next week Dax is becoming DAX-40 which means more gyrations before the market starts rising middle of week.