DAX really wants to try out that "lucky" 13.
Well, it's not far... In fact, I believe that this week we might see the previous high (12951.5) re-tested.
At the moment, I think it could be a strong and quick shoot through that high and hitting 13000. Maybe, Mr Mario could help us out tomorrow? Who knows...
I will say, stay sharp and get ready, if you like to trade this one. I would be looking to capture good scalps from the SELL side. But that's me. You do what ever you want.
Probably, I will only make one recommendation here. If you are willing to trade this one this week, then don't set any SELL orders on the previous high (June 2017), because if it will shoot through it, then you're out. Only if the previous high will be strong enough to hold the DAX and the Weekly will close below it, then I will be a strong believer of SELLing some DAX. Other than that, be careful, as we are at a tricky level.
Keep an eye on the price action!
Well, it's not far... In fact, I believe that this week we might see the previous high (12951.5) re-tested.
At the moment, I think it could be a strong and quick shoot through that high and hitting 13000. Maybe, Mr Mario could help us out tomorrow? Who knows...
I will say, stay sharp and get ready, if you like to trade this one. I would be looking to capture good scalps from the SELL side. But that's me. You do what ever you want.
Probably, I will only make one recommendation here. If you are willing to trade this one this week, then don't set any SELL orders on the previous high (June 2017), because if it will shoot through it, then you're out. Only if the previous high will be strong enough to hold the DAX and the Weekly will close below it, then I will be a strong believer of SELLing some DAX. Other than that, be careful, as we are at a tricky level.
Keep an eye on the price action!