DAX - Daily - Runaway DAX... I mean gaps!

TVC:DEU30   DAX Index
I have been wrong on the past couple of posts about the short-term DAX outlook.
So, looking at the longer term, We got our break from the downward channel , so now the Bulls are back.

If you would like to join that society of Bulls and jump on the bandwagon, I would suggest to wait and observe for now. Or you can risk it and jump in now. Hopefully it will go a bit more up.
What I am looking at here is a move slightly higher, then a good retracement, jump on it and ride it for a bit to the previous 2017 June high.

But this is an idea that I like for now. Let's see how that develops.

As always, keep an eye on the price action!


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