Bintang
Short

DAX sell the break lower

FX:GER30   DAX Index
343 5 11
DAX             we identified as a short on simple idea of selling pre-Brexit high and gap fill. Price has remained sticky with neither the Fed, BOJ or the woeful US GDP giving it much reason to move. The 50 HR             MA has come into play, underlying the current upmove and a break below this would would signal further decline.

10270 sits as main support, below here 10,000 opens up and is expected to be a tough nut to crack on the back of the bullish sentiment currently being seen.
Are you still holding?
Reply
speelgoedauto2 faris.makki
Im still thinking its gonna hit below the 10.000 this week. It hits 4 time his recistanse since may 2016.
+1 Reply
faris.makki speelgoedauto2
i think the minimum would be 10,120.. maximum 10000
Reply
yashvij faris.makki
I think price is consolidating for another break higher towards 10450 - 10500
Reply
u were spot on.
Reply
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