skrotkalle

DAX inside at top in a downchannel, some bear divergence....

FX:GER30   DAX index of German listed shares
Here aug-sept...60min.... maybe a downchannel (yellow). But also an alternative-channel (red-lines by the arrows)....some more rom to the roof there, 650.
Above todays high, 600-700... there's a zone for to be ready for a posible breakout upward...
If not, then low in the channel should be a target for the downside.....
MACD is a kind bullish , untill it cross down again....
Some bear divergence in momentum and RSI , but not sure if it is enough thoug... ?
Wait and watch for next big move now..... monitor price and such... and indikators progress.
skrotkalle
2 months ago