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AleksanderThor
Jan 16, 2016 3:43 PM

DAX Analysis 

DAX index of German listed sharesFXCM

Description

Notes on chart
Comments
look4edge
hi, no stopping volume in fdax, watching weekly ema200 to go...
check siemens, conti, bayer volumes, siemens plunged from start of the year from 99 to 81...


and bund/dax ratio speaking clear bear
AleksanderThor
I agree it looks very bearish. Short term slight Bull -> Long term strong Bear :) The stopping volume is a reference to a book about Volume Spread Analysis and refer to buyers coming in. We need a mark up by market markers IMO
Reekardo
hello, would you say this will correlate to SPX usa markets? i like to sell upside call spreads as bearish play. thanks you in advance.
AleksanderThor
Yep they are highly correlated :)
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