fatboy007

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Short
FX:GER30   DAX Index
6
On the daily level
Currently, we have not elected any Daily Bearish Reversals from this new high of Wednesday April 26th. The immediate Daily Bearish Reversal to watch lies at 1222537. A closing beneath this level will signal a temporary high is in place. Additionally, 1244237 offers some technical overhead resistance for now. We need a daily closing above 1248290 to imply a further rally is unfolding technically speaking.
On the weekly level
The immediate Weekly Bearish Reversal to watch lies at 1191606. A closing beneath this level will signal a temporary high is in place. Additionally, a closing beneath 1228937 would also imply a technical based pause in the uptrend
On monthly level
Monthly Bearish Reversal to watch lies at 1133136. A closing beneath this level will signal a temporary high is in place. Additionally, a closing beneath 1185027 would also imply a technical based pause in the uptrend
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