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Timonrosso

DAX Falling wedge upside in tact to 16,375

Long
DAX Index (XETR:DAX)  
Timonrosso  
XETR:DAX   DAX Index
Trend Analysis Chart Patterns Technical Indicators DAX Index dax30long dax30 daxanalysis dax40
2
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trendanalysis chartpattern indicator dax dax30long dax30 daxanalysis dax40
DAX has been moving in a strong Falling Wedge this year.
Since it broke up and out of it, we've seen the Moving Averages cross and look bullish.
7 >21 >200
My first target remains at the previous high (start of the wedge).
Target 16,375
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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