sumastardon

Dax index - don't give up on this short - it's coming

Short
sumastardon Updated   
FX:GER30   DAX Index
7
The Dax index is consolidating recent losses prior to another fall. Still waiting to kill this.
Comment:
Sorry, typo could lead to confusion where to put stop, 12130 or 12170 (prior comment)...so think stop can be lowered to just above 12130 (say, 12140 at most) so if this index does rally we've lost about 11 points maximum. And if it gets hit, so be it. But be ready to hit this index hard on a fall below 12090 as it will no longer be oversold and so should run down quite quickly all things being equal, which sometimes, they are.

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