Swordman

30/03/2017 DAx

Short
Swordman Updated   
FX:GER30   DAX Index
11
The accumulation that has taken place today in the opening of the NY market makes me think that tomorrow we can see a possible fall from mid-morning, confirmed with the opening of the NY market. It is possible that it rises a bit again on level 11230 to move between that level and 12185 and then make a collapse towards level 12050. If the crash occurs slowly we will surely not reach tomorrow level 12050. On the other hand if Is done quickly and we reach that level before the opening of NY we can be almost certain that it will fall even further until reaching the level of 11950. Good Trading.
Comment:
I expect downtrend.. so more slowly but downtrend. Good Trading.
Trade closed: stop reached
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