The_Cannalyst

BreakOut ahead?

Long
The_Cannalyst Updated   
FX:GER30   DAX Index
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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wonderful BreakOut
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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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below 11.800 i exspect a shortterm drop
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ups, wrong Chart... Level to watch for Longs is still 12.000
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