The red line is very likely to hold. Draghi speaks today. NFP tomorrow. The last 2 times DAX hugged the line for 8days. So it seems DAX could push it to 11,600 Friday/tuesday.
if you did nothing on the short side until friday and you see 11,600, It may be worth a try on the short (definitely a good traade there).
Comments
robert.adams.56829
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Really ?? He's called the trend ? and on Friday ( today ) it peaked so far at 11600 !
robert.adams.56829
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what i am saying is good calls so far by the poster
altan.cankaya.9
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Dax is braking your every suggestion as I see. according to the 2 months trendline it has to stay below 11570 and now almost touching to 11600
robert.adams.56829
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looks good. dax was hit on Draghi but regained the line afterwards