DAX Index
Looks like short term sentiment is changing from positive to negative as daily RSI dipped below 50. In the past when RSI fell below 50, this was accompanied by a large red candle such as the one last Friday, So long as RSI remained below 50 previously, price action was negative as highlighted
Next level to watch is around 14,900.
Next level to watch is around 14,900.
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.