The long red trendline show that by the end of April DAX30 will go to 12500.
The recent rally has been so sharp that I expect a retest of 12200 (the last kiss as they call it) before going higher.
So you have tho interesting idead on DAX:
1) Play the mean reversion scheme selling DAX targeting 12200
2) Wait any pullback to buy trading aroung a bullish core position. (MY CHOICE).
Note that this reasoning can be applied to all EZ indexes (IBEX, CAC, MIB, FTSE)!
The recent rally has been so sharp that I expect a retest of 12200 (the last kiss as they call it) before going higher.
So you have tho interesting idead on DAX:
1) Play the mean reversion scheme selling DAX targeting 12200
2) Wait any pullback to buy trading aroung a bullish core position. (MY CHOICE).
Note that this reasoning can be applied to all EZ indexes (IBEX, CAC, MIB, FTSE)!
