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Long

BreakOut ahead?

FX:GER30   DAX Index
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32
We are kissing the resistance level at this Moment. The RSI is overbought. After an Little consolidation near below the last top It seems like Dax wants to break out and make a new high!
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Comment: wonderful BreakOut
Comment: we dived through the bo-level, thats weak! we have seen a trendbreak, now the Support truned into a resistance in the shortterm view. Only trading above 11.900 will turn this Chart bullish again
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Comment: below 11.800 i exspect a shortterm drop
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Comment: ups, wrong Chart... Level to watch for Longs is still 12.000
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Comments

Will the FTSE100 follow the DAX down also?
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range mode , the 100MA is holding
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thinking about the same , i entered short on the 50% retrace , hoping is not so early :)
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