The German DAX continues to consolidate just below the PRZ of weekly bearish Gartley pattern.
Today, after Draghi's ECB press conference, the German Index formed a daily Outside Bar that will be triggered if the price will decline below 10,600
For now, the Fast MA line (in yellow) continues to play its support role and drives the price higher every time it touches...
That was a big short now watch out. 10365/75 can be long, but it's not clear we can see 10 k an than up.
So we have to wait what happend.
10365/75 könnte der Wendepunkt sein, das ist aber noch nicht klar da auch noch 10 k abgeholt werden können.
Also abwarten bzw.Shortgewinne mitnehmen. DAX die 10 k kommen sollte sich heute oder morgen entscheiden denke...
since dax ended his correction game, it looks like the up move was of a "correctional" nature to prepare a much bigger sell off.
Areas of interest will be between 10.600 and 10.550
Long time i think about DAX. I see one Global chanel(RED) and smaller channel (Black). In all channels shall be downward movement.
Every order to open with SL
Have good profit my people!
Dax ist on the long.... The manipulation ist so strong that the markets have to go long this year.
My thougth is the same i write on the chart. 11000 - 200 - 300 is no problem in the near time.
Under 10500 max 10000 down but that not now!
Only my opionion. Please trade your own plan!
The leaders of growth among the DAX0.69% 30 index components on the basis of today's trading were the shares of Deutsche Bank AG-1.21% (DE: DBKGn), which went up by 0380 n . ( 3.07 % ) , closing at 12755 . Quotes Adidas AG (DE: ADSGN) increased by 3,750 n . ( 2.53 % ) , ending trading at 152250 . Shares of Commerzbank AG (DE: CBKG) rose at 0116 n . ( 2.05 % ) ,...
