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DariusAnucauskas

DAX - Daily - Is it back in the game?

Long
GERMAN STOCK INDEX (DAX) (TVC:DEU40)  
DariusAnucauskas  
TVC:DEU40   GERMAN STOCK INDEX (DAX)
Trend Analysis Chart Patterns
3
0
trendanalysis chartpattern
Dax really had some nice selling in past weeks. It has met its 100 MA on the Daily and now we had a good bounce from it. I think this could lead to some buying activity, especially with the fact that the Euro might potentially sell-off a bit.
I see DAX as a potential BUY if it breaks and stays above that downward channel.
Let's keep an eye on this great index.

Keep an eye on the price action!
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