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DAX 21-26 January

Last Week:

After week long consolidation Buyers manage to push thru resistances 10970 and 11075 firmly. And reach target 11250.

Last week update:

Next Week:

Right now we can watch for another consolidation and slow grind higher, that way with dealing in this zone will help support price for at least 2 more legs higher and buy setup stand. That will make us look for more long positions.

Other hand forcing price higher without correction and consolidation as short squeeze will overstretch long position making that much harder for maintenance and we will look for short entry, also weakness in supporting price on profit take and setting lower highs can trigger deeper sell off.


Targets 11470 & 11670 on success 11915


Targets 11075 & 10970 on success extension 10670

Support / Resistances:

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