Menu Close

DAX Monday 13th Aug after storm

Bearish week:

317 is important support, price a bit stabilize there but still low was done during futures trading so price can retest lows before go up

Possible as we would see a bit of pullback / short profit take 

Scenario 1 price pull back to near 630 

Scenario 2 – breakout rising trend line

We have almost nothing to support rally (except profit take or reload on shorts higher) we can continue lower from here also

Bullish Week:

Option as here long term buyers found as is bargain and perfect entry for new ATH, that would be something 😉

Unfinished businesses – what to watch

Some how that blue boxes (gaps) have to be filled, way it happens can get us more clue about this week trading


Leave a Reply

Your email address will not be published. Required fields are marked *