DariusAnucauskas

DAX - Daily - The pop never happened. Change of plan.

TVC:DEU30   DAX Index
So last week we never broke that upper trend line of the channel. It played as a strong resistance level . We are balancing around another key support level which is 11935 (previous low).
If we close below it, then I will be looking to test the bottom trend line of the channel, or at least get close to it.
But if we will rebound from 11935 today or tomorrow, then it is possible for DAX             to go and try to test the upper trend line of the channel.

Another thing that would help DAX             would be a weaker Euro             , which isn't quite happening right now. But let's wait and see.

As always, keep an eye on the price action!
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out