FrankieTheBull

FrankieTheBull Updated 

After a major surge upwards while closing on the previous ATH, #DAX might be looking to start a major pullback to gather liquidity for a bigger move up for new ATHs. A lot of shorts getting stopped out every day and there are still no signs of retail going bullish. Because of that we might be looking at another stop run before institutionals start taking profit...

FrankieTheBull

After the recent high in january, we've had small pullback in february for the market to settle down after such a powerful move upwards. I believe we are reaching the crossroads anytime now. 11400-11450 seems to be a very important zone for the future. As long as we are trading above these levels, or have a rejection there, I believe we are looking for another...

FrankieTheBull

If you follow xetra you know insitutionals turned BULLISH this week. That means they are looking to buy, but current price is too expensive. The dip we saw at 10250 is in a demand zone 10260-10212. DAX failed tho break through the demand zone and thus remains bullish. I am long from 10252 with a target of 10600 atleast. On monday we are looking to fill the volume...