christopherbrecher

Broadening top in the DAX.

FX:GER30   DAX Index
601 4 5
Broadening top forming in the DAX             . Doesn't mean to short it , yet.
good shout thaigolgd
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gap down today says we shall go back up sometime after the next full moon / but we are still in the process of filling the 3 gaps up in july as we go down we have filled second today / the last one is the close on 8 july @ 10747 and the low on the 9th july @10784 so the 10747 mark is in our sights the low on the 8th july was 10652 if this is broken we are looking @ a first target @ 10300 - 10400
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Looks like a short to me. Risk to today's high. Downside 11,000 initially. Risk 200 points, Reward 400 points. After tomorrow, lower stop 100 points.
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Maybe that's the case, I did get stopped on my long.
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