ElDiego

3 Targets on Dax Index ($Ger30) Weekly (2007-2014)

FX:GER30   DAX Index
3 TARGETS ON DAX INDEX             :
1) 8500 (already reached)
- middle of channel 2009 low and 2014 high
- 23,6% fibonacci retracement from 2009 low
2) 8100
- important highs of 2007
- 38,2% fibonacci retracement from 2011 low
3) 7600 (very important support for Long Term trend)
- low trendline of channel 2009 low and 2014 high
- 50% fibonacci retracement from 2011 low
- 38,2% fibonacci retracement from 2009 low
- highs of 2011
Thanks for sharing. Interesting.
I think we are going up to 8.680 - 8.709 - 8.744 and then down to 9.500 again.
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