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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

gaps

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