DAX Index (Sell/Short)
- Losing it's overbought status on the lower time frame (shows momentum weakening)
- Trading more than 2.5x mean over 200 days
- Candle structure indecision (thus far today a long upper tail)
- MACD histogram developing lower highs while a bearish crossover is pending.
Trading Levels
Sell: 14400
Stop-loss: 14820
Target: 13750
Daily Chart
- Losing it's overbought status on the lower time frame (shows momentum weakening)
- Trading more than 2.5x mean over 200 days
- Candle structure indecision (thus far today a long upper tail)
- MACD histogram developing lower highs while a bearish crossover is pending.
Trading Levels
Sell: 14400
Stop-loss: 14820
Target: 13750
Daily Chart
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.
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.