The Dax does and continues to do as before.
not even the strong 200 EMA and the green backtest line could stop the course.
Now we are in a subordinate uptrend. I would be VERY surprised if we do not fall despite tested shoulder head shoulder formation which has formed over several months.
In the long term I am still bearish. However, I do not just shave blindly in the market but wait until I recognize a suitable reversal. Currently I am doing intraday only small movements with the trend.
We absolutely have to keep an eye on the blue zone. This is the next area where we can expect a potential reversal.
What amazes me at the moment is the strength at which the Dax is purchased.
If we look at the angle of the uptrend we quickly see that here many investors are interested in buying the market.
It remains to be seen what happens next.
enjoy the way
Logindaten
not even the strong 200 EMA and the green backtest line could stop the course.
Now we are in a subordinate uptrend. I would be VERY surprised if we do not fall despite tested shoulder head shoulder formation which has formed over several months.
In the long term I am still bearish. However, I do not just shave blindly in the market but wait until I recognize a suitable reversal. Currently I am doing intraday only small movements with the trend.
We absolutely have to keep an eye on the blue zone. This is the next area where we can expect a potential reversal.
What amazes me at the moment is the strength at which the Dax is purchased.
If we look at the angle of the uptrend we quickly see that here many investors are interested in buying the market.
It remains to be seen what happens next.
enjoy the way
Logindaten