DAX break 12800 level. This key level is very important. SInce EUROSTOXX and FTSE are still within the range, I need to see acceptance above this key level. then 13000 - 13200 will be next destination. The serious failure above this key level will make DAX index just looks too high and too expensive. The profit taking , liquidation and new money selling will make this bullish pattern become ugly. but for now, I will trade with the bulls.
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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.