Long

GER30/DAX: 4 hour chart.

Updated

Some few updates on the chart - resistance and support

Trade active

We are very close to 16635 from support 13031/13050 I use a 5 minute chart for Intraday/Swing trades. I can not post a 5 min chart here – so I will post it in the chat: GER30 DAX

If we make it and break above 13622 and hit (13634 Key line 4 hour chart STRONG RESISTANCE area then we have to exceed this area very fast up to next target at 13700 – 13707.

Trade active

Intraday Target 13622 HIT. We must exceed strong resistance at 13634 very fast. Only above 13634 we can rally to higher targets at 13700-13707. Below 13622/634 more chop and pullbacks.

Zarko

Germany30 and S&P500 Intraday analysis August 23rd. and weekly update 34. Posted at twitter: twitter.com/SP500_Dow

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