Dax Last push downhill Short

DAX index of German listed sharesFXCM

Description

⋅ Jun 27, 2016 1:12 PM

Dax Wave C should end below feb lows but not below 7600. That would overlap wave 1.

Comments

AamirAnsari

⋅ Jun 27, 2016 6:15 PM

Nice chart. Are you predicting it will further go down in coming days?

MS_Engineer

⋅ Jun 28, 2016 5:05 AM

It might recover a bit, but I don't know. Close below 93xx yesterday might call for lower numbers today. Lets see.

harilaos

⋅ Jun 27, 2016 1:16 PM

interesting chart, thank you, do you think dax targeting the 8000 level?

MS_Engineer

⋅ Jun 27, 2016 1:40 PM

Yes, target is 7900-8000. Should not break 7600 but turn can happen anytime after it is below feb lows.

harilaos

⋅ Jun 27, 2016 1:59 PM

thank you, happy trading