themarketzone

Bullish signal for stocks if it'll be able to close above 11,400

FX:GER30   DAX index of German listed shares
I'm not sure that it can, but if $DAX can continue higher and close the week above 11400, it could be a longer term bullish signal for stocks with possible breakout from a descending trading channel.

Although I'm talking about a weekly close, I'd be really interested in seeing today's close. A close below 11,400 will support my assumption that all we seeing right now is a slow Monday action following good PMI number (only in Germany). We will have to wait and see.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out