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Seeker.
Nov 1, 2014 3:46 PM

DAX is still undecided for major trend Long

DAX index of German listed sharesFXCM

Description

DAX is still undecided for major trend but one thing is clear that we will see 9500-9700 next week.
if the TL breaks then it will carry on its way for sky :)
Comments
JamesPowell
Different folks see the same picture differently. The way I see it is at the very least the weekly up trend has been broken. There is no "text book" weekly down trend yet though. The daily is on another up trend. So we will have to see if we get a lower high on the weekly I suppose to call it an official down trend. If this turnes out to be the case it is well ahead of the American markets.
Seeker.
Hmmm lets see. I am still finding a correct entry but will enter on break out whether its up or down.
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