MaryJane

Dax reached important action point

FX:GER30   DAX index of German listed shares
921 5 32
Today we have kissed the falling trendline @ 10.600 - for be tiotally unexspected after the last two disappointing days - the bulls had theri Chance and didn`t used it!
Ok, let`s Play the same game again. 10.650 is the first longtrigger with tp 10.700. Trading above that Level could initiate a buyingwave up to 10. 800             . here is the real big longtrigger.
If we should not break through the 10.600/10.650, the Chart is neutral furthermore with increasing risks to kiss the downside at 10.150

Best regards
Mary
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Comment: this intradaycandle is disappointing..
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Comment: Level to watch is still 10.600-10.650. Above that Level, the next buying Signal will be activated, below that Level dax seems to be neutral
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Comment: kissed the resistance
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Comment: nothing happened..still waiting for the BO!
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Comment:
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Comment: now or never!
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Comment: here we go
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Comment: kissing the resistance Zone!
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Today Dax look strong but weak , Not buying I will stay out , wait for Tomorrow
so far I buy Dax can make some money , went short sell all way reach the cut lose point.
+1 Reply
Agreed. 10692 is my target for today...
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Terrific!
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Will be watching this closely MJ!
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Thanks Mary! Clear view.
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