Is the 38,2 @ 10.175 the object of desire?

FX:GER30   DAX Index
Technical Overview:

Early we have realized, that Ger30 felt from the buying, into the neutral down to the selling area (shown in my former views) - we saw, that the dynamic decreased, that was one of the first sell-signals.
In the daily Chart we can see the activated Double Top - which was the next sign for a stagnation.
The normal correction of the upwave 9156-10800 would be the 38,2 @ 10.175. Here is based a Little support-Cluster (last significant low and the former downtrendchanel)
I be waiting for "clear" procyclical buying-or selling signals.

Take Care
Best Regards Mary
Comment: recaptured last supportzone yesterday
Comment: retest of the former breakout Niveau (seems to be bullish) as Long as we trade above 10.450/10.500
Comment: reached the fibo support cluster
Comment: yihaaa
Comment: yihaaaa
Comment: thats it!


Thanks for sharing, Mary!
+1 Reply
Very clear analysis. I thing under 10175 close will be more down to your next levels. 10 k or 9786 an than up.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out