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Mihai_Iacob

Dax- potential drop of 700 points

Short
Mihai_Iacob  
CURRENCYCOM:DE30   None
Trend Analysis Chart Patterns Technical Indicators DAX Index dax30 dax30short daxanalysis daxshort daxforecast daxindex daxsell daxtrader
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trendanalysis chartpattern indicator dax dax30 dax30short daxanalysis daxshort daxforecast daxindex daxsell daxtrader
Dax is trading above 13k figure, a zone that provided a strong sell zone since June.
I believe this time is no different and, with the "vaccine effect" gone the German index will fall to at least 12.500 support.
Also, a sell trade above 13150k can have a strong 1:4 R:R
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