DAX - Daily - Did it finally made up its mind?

TVC:DEU30   DAX Index
86 0
Watch the close! Honestly... Did it finally made up its mind? Well I hope so. This could be a potential SELL and get closer to the 200 MA, at which it could reverse back to the upside and continue its rally. I am really hoping that it's exactly what it will do. Certainly, if we look a bit closer, then we will see that DAX was screwing us over a few times with false breakouts (if you look at my charting), but hope dies the last.

I am going to make this drastic call and say "SELL" !!!. But just a bit, not to much, so that we wouldn't get too overexcited with ourselves.

If we will get today's confirmation to the downside, then 12400 should be a piece of cake for the beloved German Index.

As always, keep an eye on the price action!
Jun 16
Jun 16
Comment: It seems that we are back in the "channel game".
Jun 21
Comment: Damn, this one is crazy! =)
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