FX:GER30   DAX index of German listed shares
Using simple trend lines it's reached the top and now it's time to retrace at the very least and go further perhaps. Up until Draugi speaks in December that is.
demba1903bjk
a year ago
I gues we have a bran new top above this chart's
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CromerKing demba1903bjk
a year ago
Not really (if I understand you correctly) it's still early days. It's a bit important trendline so need to allow some room for overshoot. We're looking for a 1000 pip move down eventually. What are your thoughts?
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demba1903bjk CromerKing
a year ago
I dont see any more room upward in 15 min chart. If it goes below 11.050-11.010 tomorrow, it will start to drop. I dont think it would exceed 11.162 from this point point. On the other hand there is a possibility of a forced unnatural push by ECB to not ruin christmas. maybe this would take dax to 11.250-300 area which would just sharpen the eventual flush.
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