Short

Short Dax

Macro:
  • The worldwide is still in bad shape with covid-19
  • The recent rise was a rally in the beginning of bear market


Technically:

  • The market breadth is not any more bullish
  • the last hour rising trend is showing sign of weakness and about to break


==>A short entry is there with a stop loss not too far

! This is not an intraday trade, if it works it can last for more than a week.
Chart PatternsTrend Analysis

Disclaimer