DAX30: Sell below breakout

FX:GER30   DAX Index
344 0 9
Major resistance-10500

Major support – 10200

The index has almost formed triple bottom around 10200 and is consolidating around that level. DAX             is currently trading around 10212.

It has jumped till 10345 yesterday and started to decline once again in the morning. Short term trend is still weak as long as resistance 10500 holds.

Any violation below 10200 will drag the index down till 10000/9945/9820.

DAX             is slightly weak and is trading well below ichimoku (Tenken-Sen and Kijun-Sen).The minor bullishness can be seen only above 10345 (Kijun-Sen).Any break above targets 10500/10680.

It is good to sell below 10200 with SL around 10350 for the TP of 10000/9825.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out