MaryJane
Short

GER 30 in the abyss / Ger 30 am Abgrund

FX:GER30   DAX index of German listed shares
345 6 12
The long term trend since Oct             14 has to be discussed.
Dax             is close to his last shortterm- support at 11250. This is the level to watch. Prices higher than this Level will establish the Support and will turn the short-term situation into neutral -bullish. If 11250 turns into a restistance, he could drop to 10250-10500. This Level is similar to the Fibo 50.
Prices higher than 12.000 will turn the Chart into bullish .
Prices in the Tradingbox between 11250-12000 are neutral.

Der langfristige Trend seit Oktober 2014 steht zur Debatte. Der Dax             notiert nahe seiner kurzfristigen Unterstützung bei 11250. Kurse darüber sind als neutral-bullisch einzustufen. Sollte der Dax             darunter fallen und sich diese Marke zu einem Widerstand ausbilden, sollte mit             einem zügigen Abverkauf bis 10250-10500 gerechnet werden. Dieses Niveau korrespondiert mit             dem 50er Fibo. Der Chart hellt sich zusehens mit             Kursen > 12.000 auf.
www.marihuana-aktien.de
Thank you for providing the explanation in English as well. Much appreciated, keep up the good work! Danke schön :-)
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MaryJane JasperForex
2 years ago
Thank you very much..i give my best :-) I have one question. Did you Change anything with my account? The idea-widget doesnt Show all my ideas, just the last one....
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jimmy_hongkong
2 years ago
DAX has closed at 11197 today, so you expect that it will drop to 10250? No rebound before dropping to that level?
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MaryJane jimmy_hongkong
2 years ago
Hello. Perhaps we will see a Rebound to the 11250...But i think Dax will be as weak as the last week....the quantitative easing in europe is still going on But a corrective wave to min. The fibo 50 retracement is healthy imo. Greez marihuana-aktien.de
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jimmy_hongkong MaryJane
2 years ago
Hello, nice! What were the signal(s) that you've seen to make you think that the index will get a rebound 1 day ago? My second question is, why do you think it will stop at 11250 but not higher? Personally, I think 11500 is reachable.
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MaryJane jimmy_hongkong
2 years ago
hello, thx :-) please have a look:
Update: GER 30 IN THE ABYSS
- i updated my analysis for you.
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