Friends, In addition to this live chart, I just finished a refined analysis on $DAX here: - Cheers, David Alcindor
Short or long. Follow the graphic. Red and Green Circles are objectives.
Locked in 55 points by moving SL to below entry price. First TP has been hit. second TP Pending
After a 10% correction Dax is at strong 9000 support area. Waiting now if this 9000 support zone hold . DAX could be back to 9600 zone next weeks If DAX break the 9000 zone 8400 is next strong support zone
Please give your thoughts on which way you feel it may go I feel it it could go to 0.618(9816) and then drop but also it could go to 1.618(9573) what you think?
Today Dax is down to it's first support zone 9880. Last 4 weeks Dax is consolidating in a 155 points zone. For the 5th time we get in the 9880 zone. From here there are 2 options. Support maintain and DAX go futher upside again (10050 top). Other option is a break from the short trendline and 9880 supportline. This brings DAX to next support level 9800. There is...
This is my first Publish, please take it easy with me. only been trading for last 6 months. I feel it will go up to 0.618 and turn back to test the bottom. (9933) thank you hope you all the best for week coming
Hope we get a re-test of highs in the near term. I am ready to enter short at the highlighted area. Let us see... Petr