tradewithhedge
Short

1008-1012 to watch on GER30/DAX30

FX:GER30   DAX index of German listed shares
Hi Traders,

As I posted just few minutes ago, I expect and hope to see one more high coming into play before we see him going lower. Looking this daily chart , we can see that we are in a very strong resistance zone , BUT I think that we can make a new high, scare a lot of traders and then reverse lower. This is what I expect and I will trade this (if he makes new high) with a very small risk.
So keep watching: 1008 to 1012.

Good luck!

Thiago Duarte
thiago@duarteinvestmentgroup.com
@thiagotrader
You are right, heavy resistance should cause a lot of selling and then we will eventually make a move up. I am waiting for the pullback to full happen then continue higher. Great analysis.
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