TVC:DEU40   GERMAN STOCK INDEX (DAX)
6

DAX 30

DAX is on a high Historical level (it’s a market on Steroids) very fast like currencies
Like Dow & S&P it must his some kind of resistance pull back and for some correction?
We did not break a major support level or make a lower higth
DAX Average is between 20-80 points a day and sometime more if it’s an up tread or down if news is big a 100-150 move is what we want.
We are looking for a correction between 200-300 points first target in the coming days and my big move and money well be targeting 11950
It’s around 1000 pints form today its 23% fib from the last bottom it’s a monthly down swig

Best Regards
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.