DAX LONG
The DAX Future, after 2 days of high volatility, created a High Value Area with POC at 18,082. Today, this level was strongly felt, first with a false breakout, then with an upward break followed by a retest. All framed in a more macro picture in which the price has broken the minimum of the regression channel monitored by me. Tomorrow it is likely that the price will test the next HVA at the 18,300 level. June is a statistically negative month for the DAX which has had negative performances between -4% and -10% in 17 of the last 24 years. For this reason I wouldn't go for more ambitious TPs. Hello everybody
New Horizons
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New Horizons
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.