DAX On the rise and only EU crisis can stop Mr. DAX - other than that? DAX will soar so much more that the investors wont believe what they see:)
Hello Family, DAX has gained even more traction as the buyers kept pilling up and USD creeping up - I see USD shooting to the height of 114.750 within few hours today or by tomorrow the latest. Dax seems to be in a good shape and might hit my second TP @10090 :) finger crossed - but I I recommend a quick TP @ 10027 as well if you will... Notes: pay attention...
because of last European central bank rate decision. The up channel of DAX30 has been break out . looking for further down side until 9200 . Personally i will long DAX 30 around 9220 and the target would be 9482 .
I do not know what will eventually happen,But until then, staying the OODA Loop I've tried to take pulse of the chart. The bullish intentions have been made clear. Lets see which setups plays out eventually. Would have been stronger if this close was above the large red candle on left. (off by some 40pips) Hence this keeps the options of deep retrace very...
I just realized i had posted this chart as private 2days ago. Wish they have a convert function. :) Hey ho.. here is the progress since then. Still valid. ----- We don't fully know which of the fundamentals news would be used to drive this up and then down. However, IF there happens to be such news events, this could be a set of potential price action movement...
IN the Past we had about 2 Months of shorting DAX,Indikators seem oversold. Dow S&P are pulling back with an inverted Head and shoulder. This might be a Big Trap for all Shorties, and will be a painful squeeze if tomorrow the FED brings Data were every1 is pleased with.
Long term long still open but will scalp futures in the process.