The_Cannalyst

Another weak day?

Short
The_Cannalyst Updated   
FX:GER30   DAX Index
40
As Long as we trade below 10.100 i exspect a further consolidation. TPs on the downside could be9880/ 9730/9630.
Prices above 10.100 will brighten the Chart and open the way up to 10.300
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@ followers: any ideas? How do you trade the Dax today? Have you some other ideas/opinions?
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i think the maximal up-potential for today is the yesterdays high @ 10.164
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possible shorts against the trend
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dax touched shortterm action Point @ 10.100 - here we have a nice crr - as always when we are near Action Points :-9
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that`s really crazy ..nothing can stop him - only These two nice bearish highlighted candles? is that a shortterm sign for a topping or Turnaround?
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microstructure is bullish at this Moment
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will the flag breakout iniitiate the final top-building move up to the Pivot resist @10.164 ? This Szenario is active as Long dax is trading above 10.100
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time Offset, but ok :-)
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touched the 38,2 Support - interesting level -perhaps a shortterm buying chance ?
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Visualization: Supports & Resists
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that`s a bit fancyful, but it would fit! Is this a shortterm Turnaround? Prices below 10.100 would trigger that pattern with TPs 10.40 and 10.000
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