logindaten

dax will correct soon

Short
TVC:DEU40   GERMAN STOCK INDEX (DAX)
Now it finally seems that the Dax seems to recognize its ability to correct slowly.

However, I can imagine that he still the 11900 antestet but should now be slow.

we have seen that the dax has made a strong sell-off which has opened a sell-signal on the MACD.

I am particularly interested in the triangulation of the orange line. If we look at this indicator, we see that it has formed a kind of backtest and now shows a negative divergence. He also gets support from the negative volume.

Well, while we see the chart bounce back on the 3x he has not shown the strength he would need for another rise.

the next resistance to fight is the 200 EMA. I think this will not be too strong an opponent and we will win the fight at the latest in the second round. I hope that we see a knockout in the first round and just go through.

enjoy the way

logindaten
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.