DAX !!! Climax Mode - NOW

FX:GER30   DAX Index
346 7 5

Everything that was expected for the last year might happen in the next 10days.

I think this time is different.

The preparation of this move took many months and that has allowed the speed limits to create some space.

I think 10572 in 10days... then we can pick our best shorts
YaKa jangseohee
Thank you.
for the moment the price wants to go up..
The NFP was good.
The best paradigm for the market right now: good macro data in the us and bad one europe to support ecb qe.
I can only read what people expect versus what is done and the related price action...
No more downside.. cho cho train going northeast!
YaKa jangseohee
that seems to be the case for the next 10/20 business days.
I hope it reaches 2140 quickly so we can see clear.
+1 Reply
Nice chart. What do you mean by "preparation of this move" ?
YaKa MagnusTradingGroup
1 top in june ok
2 correction with break below support
3 pull back against support becoming resist.. too early so needs to go down again - ok
4 back up strong but too early versus draghi delayed qe...
5 correction for the last months whilst respecting key 9100..
6 wall of worry building - bear interest rising without decisive move and bang!: unwind of all shorts in a short period of time.
As usual agree with the view as you know. In climax mode for me maybe 10.420 and then it is over ;) . In my charts i give 10.300 - 10350 to sell longs.
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