Example: Support turned into resistance

FX:GER30   DAX Index
471 6 35
Nice example... have a look at 9980...bought 2 times, - now it turned into a resistance!

here i commented following :
8 hours ago f
9980 seems to be a reliable supportzone at the moment..but i exspect we break through it

8 hours ago
the risk loving trader is buying that support @ 9980 for a scalp - i am just interested in the breakout move below the support...trying to catch a few dax             points...
7 hours ago
that was a nice scalp - dax             reached the bottom edge of the illustrated shortterm trend...more than 30 points for 2. breakfast are good :-9 i feel comfortable with catching the breakouts directly....i open half of the position directly with the breakout, and then i wait for a possible rosshook like you have illustrated it o double the position size. if you always wait for a retest it could happen, that you will miss the bus - and thats nasty when your idea is right, but you get not filled... :-)

7 hours ago
...the rsi also signs a oversold situation, a retest of 9970-9980 could come now

3 hours ago
reached max. tp H&S ...

an hour ago
The RSI told the truth again..
What's the outlook now Mary?
hello, please have a look at my youngest Analysis
salarfeen marihuana-aktien
I don't quite understand it.

Do you think it will go to 10350 now or 9600?
Hi, if dax could trade above 10.100 - then i think we will go to the 10350. as Long as we trade below that Level, the possibility is given, that the consolidation will go on . Prices below 9.900 will generate the tp at the downside at 9.750 ...
salarfeen marihuana-aktien
What is advisable now? To go short or long?
Great,we are in wave 5,good to take profit @-27%fib and -61% fib
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