Great morning of movement in the DAX. Waiting for a re-test of upper line and turn in slow stochastic to enter short. If I can't take 3 boxes I will sit out.
The Dax has been reluctant to short term indicators as of late, and traders have seen more of an impulsive bull rally, often finding it hard to get a good entry. After this mornings Gap up, I will be sitting out, waiting for some form of confirmation. My long term view is a slight pull back and push up towards 13,800 (Upper resistance channel). Then we could see a...
