DAX have to make a decision soon (LT-VIEW)If the MACD crosses and turns negative, it will be all over. If the nearest trendline doesn't hold, expect at least 9800 area to come. Possible bounce can come from there also. We can't rule out bullish scenario out. There is gap still open (dax cash) nearby the 10560
GER
DAX forecast for next days (slightly uptrend)The DAX index seems to encounter a resistance that is a weekly SSB.
In high timeframes (Weekly and daily), in the next hours, days, if the LS gets over its actual candle (the top of it being tested by LS) then that would confirm an uptrend direction for the next hours or days.
A potential resistance would then be 10369.
I would suggest to invest (buy) at the next opening of the market and to put a take profit at :
- secure : 10347 (10 pips)
- mid-secure : 10357 (20 pips)
- unsecure : 10369 (32 pips)
is there a big Rebound coming ?IN the Past we had about 2 Months of shorting DAX,Indikators seem oversold.
Dow S&P are pulling back with an inverted Head and shoulder.
This might be a Big Trap for all Shorties, and will be a painful squeeze if tomorrow the FED brings
Data were every1 is pleased with.