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 :)
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 :)