FX:GER30   DAX index of German listed shares
267 3 5

The big picture shows that Dax             has broken 2 consolidation zones already this year.
10800 and 11850 been broken.The crossing of the blue lines.
Dax             has a free road to 12.550 - 13.000 now
The top could be around 12.800 - 13.300
After reaching these lvs             ,we could see a healthy retrace back to the blue lines.
First 12.000, if broken,11.200 not lower.
The rest of the year, dax             will stay inside the 2 top blue lines.


elp
2 years ago
13200 something level seems to be a target atm. Once reached the dax could make a consolidation zone with w3s & w4s, thinking final 5th wave to 14370-14400, then a huge correction once ECB qe is pulled where the euro starts its next bull market. thinking 2017-2018
snapshot
Reply
elp elp
2 years ago
snapshot
Reply
look4edge
2 years ago
got a little skewed channels
now watching 12k7 parallel line, what happens there, little breather possible, cci brutal melt-up broke above 200, uptrend intact, another high possible
snapshot


also tracking gg/dax ratio, not found bottom, now at 2000 levels, still room for exloring new teritory, cci capitulated, adx not culminated so far, dmi+ has room to 2 level in order to make cyclical low
snapshot
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener 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 Billing Sign Out