carman

Positive or negative year for the DAX?

FX:GER30   DAX index of German listed shares
Positive or negative year for the DAX?
The last trading days of 2014 will decide whether the DAX             profit will make this year.
In mid-December the DAX             stood in the same zone of January 1st.
Last week there was an uptrend that brought the DAX             back to 9900 zone.

DAX             2014 could be described as a Broadening Top or megaphone.
DAX             created higer highs and lower lows.
Once a broadening top appears, buy after the stock makes its turn at the low.
Sell short after prices start heading down at the top.

I wish all traders a good end for 2014.
And a good 2015 tradingyear :)
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