Chris1983
Short

DAX LONG AND SHORT OPPORTUNITIES

FX:GER30   DAX index of German listed shares
76 0 4
DAX             is forming a M pattern with big volatility coming due to potential BREXIT, more bad economic data coming out from central banks as well as from corporate the potential to downside movement is high.
Trade closed: target reached: Pattern formed and target reached. Expect a bounce back to 10180 and then down to 9450.
Comment: With FOMC and BREXIT coming closer the DAX has been plunging towards strong support area of 9545-9300. Bad economic data releases have put even more downward pressure on the DAX.
Watch out for the DAX breaking 9300 level. This could be the start of bear market.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out