marihuana-aktien
Long

Is the holy 61,8 Fibo again the level for a turnaround?

FX:GER30   DAX Index
990 9 51
The consolidation reached the maximal correction fibo-Level 61,8. Here a Turnaround could start. TP could be 9850.
On ist way up, several resistances appear: 9560/9750
Prices belwo the significant Low at 9158 will cause a selloff.


Former Analysis:
Comment: oh oh..that smells bearish (shortterm)
Comment:
Comment: faster than a speedy bullet..ups
Comment: wowwww..reached Min. TP H&S...Top!
Comment: also reached Max. TP !!! puhhhhhhhhhh
Comment: on it`s way up are several resists: 9497 / 9557 / 9618
Comment: microstructure also bullish with a flag
Comment: flag target nearly reached...
Comment: dax should not trade again below 9400 from now on! below that Level, the Sentiment again turnes bearish
Comment: last but not least....
Comment: nearly reached tp....above this Level, i exspect a firther upwave the next days
Hi Mary,

Great work! I've been following your short to this level and then the long again. Do you think it will go to 9800/9900 this upcoming week before it falls ?
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We're having the move we wanted yesterday today :)
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Was it planned for yesterday? ;-)
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Chartsmith marihuana-aktien
Maybe only in my mind :D
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That was some vicious price action :/
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puhhhhh... :-)
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It's a double 61.8 confluence too :)
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Chartsmith Chartsmith
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like :-)
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