AC 4hour is green now , if news not comes , dax dow can fly up to high (new record) fibo 161% show pro buyer target around 16400
advice=when dax start go up ,dont pick sell signals, dax can wild go up (no pullback) and dont allow you close sell
Whilst I would predict that the overall trend of the DAX will be upwards over the next week, I believe there will be a retest of the highlighted level of support to form a double bottom beforehand.
In general, the downward trend is continuing in analysis. We have to follow important areas of support and resistance zones. If the trend isn't broken, the sale will continue in chart.
GER40 - Intraday - We look to Buy a break of 15602 (stop at 15557)
Bespoke resistance is located at 15600.
A break of yesterdays high would confirm bullish momentum.
There is no indication that the rally is coming to an end.
Prices have reacted from 15015.
Our profit targets will be 15729 and 15749
Resistance: 15600 / 15650 / 15700
Support: 15550 / 15500 / 15450
DAX has reached 1.382 a very typical level for a Wave B, we hadn't seen any real volume since march 2020, no clear indication of a true impulse wave, and it can be counted as ABC wave B with A=C. VERY BEARISH signal. Should find a support at 10700 and a real and structured impulse up afterwards. HUGE divergence on RSI monthly, and a meaningful on RSI weekly !
today was futures contract expire day (99% dax go down in expire day)
we going to buy dax around 15300 and hold 10-15 day to 16000-16300
if you have buy,dont panic ,main trend (daily) is + up
note=orange fibo =trend base fibo extention(projection) on dax must draw in 30-240 min last V shape
wish you success
